wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

AKM 13-IKI

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

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

a)

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

b)

Potential obligations that will arise if an event occurs

c)

Current obligations that are due because of future events

d)

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

e)

The company's debts that must be settled with shares

2.

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

a)

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

b)

Held for trading

c)

Due within 12 months

d)

Settled in the normal operating cycle

e)

No unconditional right to defer payment

3.

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

a)

Unsecured bonds

b)

Registered bonds

c)

Series bonds

d)

Reserve fund bonds

e)

Zero coupon bonds

4.

The main difference between bonds and stocks is?

a)

Bonds reflect ownership, stocks reflect loans

b)

Bonds are only issued by the government

c)

Bonds are proof of loans, stocks are proof of ownership

d)

Stocks must be paid with fixed interest

e)

Stocks have a fixed maturity date

5.

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

a)

It does not reduce the voting rights of shareholders

b)

There is no need to provide principal repayment funds

c)

Bond interest can reduce tax burden

d)

Potential to increase earnings per share

e)

It does not disturb management ownership

6.

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

a)

The bond is sold at face value

b)

The bond is automatically rejected by the market

c)

The bond is sold at a discount

d)

The bond fails to attract investors

e)

The bond is sold at a premium

7.

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

a)

Long-term lease liabilities

b)

Short-term liabilities held for trading

c)

Pension liabilities

d)

Mortgage liabilities

e)

Liabilities secured by assets

8.

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

a)

Derivatives

b)

Fair value liabilities

c)

Stock option contracts

d)

Long-term notes payable

e)

Hybrid financial instruments

9.

One of the risks of issuing bonds is?

a)

Obligation to pay fixed interest even if profits decline

b)

Ownership of shares changes hands

c)

Can reduce the voting rights of shareholders

d)

Interest burden does not affect taxes

e)

No need to pay principal at maturity

10.

Financial liabilities at initial recognition are measured based on?

a)

Nominal value of debt

b)

Historical cost

c)

Market value at the time of reporting

d)

Fair value at the time of initial recognition

e)

Management's estimates regarding considerations