WorksheetsQuiz AKM IKI-4
Total questions: 10
Worksheet time: 5mins
What is the main purpose of a company establishing a petty cash fund?
To record large transactions
To store a large amount of cash
To avoid the use of non-cash money
To efficiently meet small operational obligations
To record all cash transactions
What is meant by a fixed fund system in petty cash management?
Petty cash that is adjusted each time an expenditure occurs
Recording is done directly for each petty cash transaction
Petty cash balance remains fixed and recording is done during replenishment
Petty cash that fluctuates in value according to needs
Petty cash is replenished every month
Where is the position of petty cash in the financial statements?
Long-term liabilities
Current assets section
Accounts receivable section
Owner's equity section
Short-term liabilities section
Short-term investments classified as cash equivalents must have a maturity date?
Less than 1 month
Less than 3 months
3 months to 6 months
Less than 1 year
More than 1 year
If PT Mawar establishes a petty cash fund of IDR 100,000 and uses a fixed fund system. On January 3, there were expenditures of IDR 30,000 for office supplies and IDR 25,000 for transportation. What is the remaining petty cash balance?
IDR 40,000
IDR 45,000
IDR 55,000
IDR 60,000
IDR 65,000
On January 5, PT Mawar uses a fixed fund system with an initial balance of IDR 100,000. If the total expenditure is IDR 90,000, how much check needs to be issued for the refill?
IDR 70,000
IDR 75,000
IDR 80,000
IDR 85,000
IDR 90,000
What is the total cost of purchasing the bonds?
IDR 50,000,000
IDR 54,000,000
IDR 51,000,000
IDR 53,000,000
IDR 55,000,000
In the fluctuating fund method, every petty cash expenditure will be recorded immediately. What is the impact of this method on the petty cash account?
Petty cash account remains the same
Petty cash account always increases
Petty cash account always changes
Petty cash account only changes during replenishment
Petty cash account is not used
What is the main purpose of short-term investments by companies?
Increase debt
Maximize profit in a short time
Increase the company's fixed assets
Reduce the company's capital
Increase operational costs
If PT ABC purchases shares worth IDR 50,000,000 and at the end of the year the market value of the shares increases to IDR 53,000,000, how should the unrealized gain be recorded?
Cash (D) IDR 3,000,000; Investment in Shares (K) IDR 3,000,000
Investment in Shares (D) IDR 3,000,000; Unrealized Gain (K) IDR 3,000,000
Investment in Shares (D) IDR 50,000,000; Cash (K) IDR 3,000,000
Cash (D) IDR 53,000,000; Investment in Shares (K) IDR 50,000,000
Unrealized Gain (D) IDR 3,000,000; Cash (K) IDR 3,000,000
