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AKM IKI-15

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

PT Adi Perkasa experienced a correction for an error in recording last year's income which caused the net profit to be too small. According to PSAK 25, adjustments to retained earnings are made by?

a)

Recording changes prospectively

b)

Reducing the current year's retained earnings

c)

Restating the initial retained earnings

d)

Increasing paid-in capital

e)

Writing off expenses in the current period

2.

In the GMS, PT Bersinar decided to distribute property dividends in the form of land to shareholders. This decision was most likely caused by?

a)

No retained earnings

b)

Excess fixed assets or limited cash

c)

Shareholder request

d)

Company legal obligations

e)

Distribution of bonus shares

3.

Dividends paid with a written promise to pay in the future and may be accompanied by interest are called?

a)

Stock Dividends

b)

Property Dividends

c)

Cash Dividends

d)

Scrip Dividends

e)

Bonus Dividends

4.

The following is not included in the purpose of purchasing treasury shares?

a)

Reduce ownership claims

b)

Increase return on equity

c)

Reduce earnings per share

d)

Stabilize stock prices

e)

Prepare incentives for employees

5.

In 2021, PT BBCA conducted a stock split with a ratio of 1:5. The main impact is?

a)

Equity value increased fivefold

b)

Shares became inactively traded

c)

Share price per share decreased proportionally

d)

Retained earnings increased

e)

Paid-in capital decreased

6.

Liquidating dividends are different from ordinary dividends because?

a)

Paid in the form of fixed assets

b)

Obtained from the sale of shares

c)

Resulting in an increase in earnings per share

d)

Given in the form of a promise to pay

e)

Paid from paid-in capital, not retained earnings

7.

PT Intan Sejahtera set aside part of its retained earnings for future factory expansion. This action includes?

a)

Voluntary restrictions

b)

Contractual restrictions

c)

Legal restrictions

d)

Stock dividends

e)

Quasi-reorganization

8.

Which of the following statements is true about stock dividends?

a)

Always reduce the company's cash

b)

Do not affect retained earnings

c)

Increase the company's total assets

d)

Reported as additional income

e)

Do not change the total value of equity

9.

Treasury stock purchased at a low price and resold at a high price can result in?

a)

Increase retained earnings

b)

Decrease share premium

c)

Capital gain for the company

d)

Reduce long-term liabilities

e)

Increase accounts receivable

10.

The recording date for dividend distribution is used for?

a)

Reduce the company's cash

b)

Determine shareholders who are entitled to dividends

c)

Recognize dividend payable

d)

Record dividend journal entries

e)

Pay dividends to investors