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Profit & Loss

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

Which house are you from?

a)

Ravenclaw

b)

Slytherin

c)

Hufflepuff

d)

Gryffindor

2.

P&L Statement is also known as

a)

Balance Sheet

b)

Statement of Cash Flow

c)

Income statement

3.

Cost of revenue is cost or expenses directly related to the production. TRUE or FALSE?

a)

TRUE

b)

FALSE

4.

Which of below does NOT fall under cost of revenue?

a)

Exploration OPEX

b)

Development OPEX

c)

Production Sharing Payment

d)

Dividen

5.

What is DDRR?

a)

Disbanding, Remedial & Regenerate

b)

Dismantling, Removal & Restoration

c)

Dismantling, Recovery & Responses

d)

Dos, Don'ts, Relax & Respect

6.

According to PITA 1967, how much is the Estimated Tax Rate (ETR) imposed on income from petroleum operations?

a)

36%

b)

38%

c)

25%

d)

10%

7.

This is to calculate..

a)

CASH Cost

b)

CFFO

c)

FCF

d)

PBT Margin

8.

CFFO (Cash Flow From Operation) is ..

a)

Amount of cash company generated from its operating activities

b)

Cash left over after company pays for its operating expenses

c)

Cost incurred (cash only) for each unit of production entitlement

d)

Revenue earn for every dollar

9.

Below are items under G&A controllable items EXCEPT ?

a)

Training

b)

Travelling

c)

Rental

d)

Purchase Services

10.

This is the cost allocation process to allocate PMA's G&A to the respective PSCs OPEX. What is the item in the last box?

a)

Receiver (OPEX)

b)

Revenue (PSC)

c)

Controllable Cost

d)

Non-Controllable Cost

11.

What is EBITDA?

a)

Earnings After Interest, Taxes, Depreciation, and Amortization

b)

Earnings Before Interest, Taxes, Deferment, and Amortization

c)

Earnings Before Interest, Taxes, Depreciation, and Amortization

d)

Earnings Before Interest, Taxes, Depreciation, and Moratorium