Accouting for SMEs Quiz

SAK ETAP and the characteristics of Micro, Small and Medium Enterprises (MSMEs) are regulated in?

• Undang-Undang No 18 Tahun 2008

• Undang-Undang No 19 Tahun 2008

• Undang-Undang No 20 Tahun 2008

• Undang-Undang No 21 Tahun 2008

Financial Reports regulated in SAK EMKM, except?

• Statement of Financial Position

• Income Statement

• Cash Flow Statement

• Notes to Financial Statements

The most appropriate objective of fair presentation of financial statements is? except?

• Relevant

• Comparability

• Comprehensibility

• Balance

What is the basic measurement used in SAK EMKM?

• historical costs

• fair value

• current value

• realized/settlement value

What is un-recorded in statement of financial position?

• bank loan

• bank interest

• cash in bank

• cash equivalents

If you have a net worth of IDR 50,000,000,- with a maximum requirement of IDR 500,000,000,-. Annual business sales results are between IDR 300,000,000,- to a maximum of IDR 2.5,000,000,000,-, so what are the criteria?

• Micro

• Small

• Medium

Which one is recorded in income statement?

• Operating revenues

• Equipment

• Accumulated depreciation

• Retained earning

How Do We Calculate Cost of Goods Sold COGS?

• COGS = the starting inventory - purchases – ending inventory

• COGS = the starting inventory + purchases – ending inventory

• COGS = the starting inventory + purchases + ending inventory

• COGS = the ending inventory + purchases – ending inventory

Notes of Financial Statement provide additional information,

narrative description or sorting of the items presented in the statement

key financial matters, and information about transactions or events

not recognized.

• True

• False

Notes of Financial Statement (CALK) provide additional information,

narrative description or sorting of the items presented in the statement

key financial matters, and information about transactions or events

not recognized. Informasi What is "not" included in CALK?

• Disclosure of accounting standard

• Judgment-related information

• Information related cash flow statement

• Information about

  Main source

  Estimate Uncertainty