Which statement best describes the definition of liability according to PSAK?

• Assets owned by the company to generate cash flows in the future

• Potential obligations that will arise if an event occurs

• Current obligations that are due because of future events

• Current obligations that are due because of past events whose settlement results in the outflow of economic resources

• The company's debts that must be settled with shares

Here are the requirements for liabilities to be classified as current according to PSAK 1, except?

• The company has a conditional option to defer payment for more than 12 months

• Held for trading

• Due within 12 months

• Settled in the normal operating cycle

• No unconditional right to defer payment

What do you call bonds issued in several stages with different maturity dates?

• Unsecured bonds

• Registered bonds

• Series bonds

• Reserve fund bonds

• Zero coupon bonds

The main difference between bonds and stocks is?

• Bonds reflect ownership, stocks reflect loans

• Bonds are only issued by the government

• Bonds are proof of loans, stocks are proof of ownership

• Stocks must be paid with fixed interest

• Stocks have a fixed maturity date

The reason companies choose to issue bonds instead of stocks is, except for?

• It does not reduce the voting rights of shareholders

• There is no need to provide principal repayment funds

• Bond interest can reduce tax burden

• Potential to increase earnings per share

• It does not disturb management ownership

What happens if a bond is issued with a coupon rate higher than the market interest rate?

• The bond is sold at face value

• The bond is automatically rejected by the market

• The bond is sold at a discount

• The bond fails to attract investors

• The bond is sold at a premium

Liabilities classified as measured at fair value through profit or loss generally include?

• Long-term lease liabilities

• Short-term liabilities held for trading

• Pension liabilities

• Mortgage liabilities

• Liabilities secured by assets

Liabilities that fall under the category of "other financial liabilities" in PSAK 50 may include?

• Derivatives

• Fair value liabilities

• Stock option contracts

• Long-term notes payable

• Hybrid financial instruments

One of the risks of issuing bonds is?

• Obligation to pay fixed interest even if profits decline

• Ownership of shares changes hands

• Can reduce the voting rights of shareholders

• Interest burden does not affect taxes

• No need to pay principal at maturity

Financial liabilities at initial recognition are measured based on?

• Nominal value of debt

• Historical cost

• Market value at the time of reporting

• Fair value at the time of initial recognition

• Management's estimates regarding considerations