WorksheetsQuiz on Corporate Finance
Total questions: 10
Worksheet time: 3mins
PT Adi Perkasa experienced a correction for the error in recording last year's revenue, which caused the net profit to be too small. According to PSAK 25, the adjustment to retained earnings is done by?
Recording the change prospectively
Reducing the current year's retained earnings
Restating the beginning retained earnings
Increasing the paid-in capital
Eliminating expenses in the current period
In the GMS, PT Bersinar decided to distribute property dividends in the form of land to shareholders. This decision is most likely due to?
No retained earnings
Excess fixed assets or cash limitations
Shareholder requests
Legal obligations of the company
Bonus share distribution
Dividends that are paid with a written promise to pay in the future and may be accompanied by interest are called?
Stock Dividend
Property Dividend
Cash Dividend
Scrip Dividend
Bonus Dividend
Which of the following is not a purpose of purchasing treasury stock?
Reduce ownership claims
Increase returns on equity
Reduce earnings per share
Stabilize stock prices
Prepare incentives for employees
In 2021, PT BBCA conducted a stock split with a ratio of 1:5. What is the main impact?
Equity value increases fivefold
Shares become inactive in trading
Price per share decreases proportionally
Retained earnings increase
Paid-in capital decreases
Liquidation dividends differ from regular dividends because?
Paid in the form of fixed assets
Obtained from the sale of shares
Results in an increase in earnings per share
Given in the form of a promise to pay
Paid from paid-in capital, not retained earnings
PT Intan Sejahtera sets aside part of its profit balance for future factory expansion. This action is classified as?
Voluntary restriction
Contractual restriction
Legal restriction
Stock dividend
Quasi reorganization
Which of the following statements is true about stock dividends?
Always reduces the company's cash
Does not affect retained earnings
Adds to the company's total assets
Reported as additional income
Does not change the total equity value
Buying treasury shares at a low price and selling them again at a high price can generate?
Increase in retained earnings
Decrease in stock premium
Capital gains for the company
Reduction of long-term liabilities
Addition to accounts receivable
The record date in dividend distribution is used for?
To reduce the company's cash
To determine the shareholders entitled to the dividend
To recognize dividend liabilities
To make journal entries for dividends
To pay dividends to investors
