Ceist Eile

Ceist Eile is in development. Features, questions and prices may change while we refine it.

Subjects · Leaving Cert Accounting

Leaving Cert Accounting: Cash flow statements

How often Cash flow statements comes up on the Accounting papers, every year it was asked, and questions to try.

HL Asked on 6 of the last 10 Higher Level papers, most recently in 2026. most years

OL Asked on 10 of the last 10 Ordinary Level papers, most recently in 2026. banker

Cash flow statements, Higher Level(6 marks)

Quick ones on Cash flow statements.

(a)A decrease in debtors, in the operating cash flow reconciliation, is…
  1. Deducted
  2. Added
  3. Ignored
(b)A decrease in creditors, in the operating cash flow reconciliation, is…
  1. Ignored
  2. Added
  3. Deducted
(c)A loss on sale of a fixed asset, in the reconciliation, is…
  1. Added back
  2. Shown under financing
  3. Deducted
Show the answers

(a) Added

(b) Deducted

(c) Added back

Your turn: Higher Level questions on Cash flow statements.

Higher Level

Asked on 6 of the last 10 Higher Level papers, most recently in 2026. most years

Every paper, year by year

YearWhere it came up
2026Q2
2025Not asked
2024Q6
2023Not asked
2022Q2
2021Q7
2019Q7
2018Not asked
2017Q2
2016Not asked

Links open the State Examinations Commission’s paper for that year.

More Cash flow statements questions

Cash flow statements, 2 marks

Cash paid to buy back (redeem) shares appears under…

  1. Investing activities
  2. Operating activities
  3. Financing activities
Show the answer

Financing activities

Buying back shares reduces the company's long-term finance, so it is a financing outflow.

Cash flow statements, 2 marks

Tax paid = opening tax owing + tax charge − …

  1. Profit after tax
  2. Closing tax owing
  3. Opening tax owing
Show the answer

Closing tax owing

E.g. owing €20,000 at the start + charge €30,000 − owing €25,000 at the end = tax paid €25,000.

Cash flow statements, 2 marks

Operating +€40,000; investing −€60,000; financing +€30,000. Change in cash?

  1. Increase of €10,000
  2. Decrease of €10,000
  3. Increase of €130,000
Show the answer

Increase of €10,000

€40,000 − €60,000 + €30,000 = +€10,000, so cash increased by €10,000.

Ordinary Level

Asked on 10 of the last 10 Ordinary Level papers, most recently in 2026. banker

Every paper, year by year

YearWhere it came up
2026Q6
2025Q6
2024Q6
2023Q6
2022Q6
2021Q6
2019Q6
2018Q6
2017Q6
2016Q6

Links open the State Examinations Commission’s paper for that year.

More Cash flow statements questions

Cash flow statements, 2 marks

Which of these is ADDED to operating profit when finding cash from operating activities?

  1. An increase in stock
  2. A decrease in creditors
  3. Depreciation
Show the answer

Depreciation

Depreciation is not a cash payment, so it is added back. More stock or fewer creditors means cash went out, so those are deducted.

Cash flow statements, 2 marks

Buying delivery vans for cash appears under…

  1. Operating activities
  2. Investing activities
  3. Financing activities
Show the answer

Investing activities

Buying or selling fixed assets is an investing activity.

Cash flow statements, 2 marks

In the Leaving Cert cash flow layout, dividends paid appear under…

  1. Financing activities
  2. Investing activities
  3. They are not shown, as dividends are not cash
Show the answer

Financing activities

Dividends are paid in cash to the providers of share capital, so they are a financing outflow.

Other Accounting topics

All of Leaving Cert Accounting