International b.

Managed floating exchange rate system

1. what causes the value of the rupiah to weaken in International c. Freely floating exchange rate system
Finance? d. All the answer is right
a. greater exports and lower imports 4. A comparison of the value of a country's currency against the other
b. lower exports and greater imports currency called?
c. the same level of exports as imports a. Inflation
d. export import activities have no effect on the value of the b. Foreign Exchange
rupiah c. Exchange rate
d. Export
2. Which of the following includes International in the World, except? 5. Foreign exchange in form securities/money giral as in the form of a
a. Tax c. Investments money order, check, travelers, cheque, international money order and
b. Ekspor and Impor d. Foreign Exchange others?
a. Physical foreign currency
3. What is meant by barter? b. Foreign exchange non physical
a. Exchange of goods without money c. Governing exchange rate tool
b. Currency exchange with other countries’ currencies d. International exchange
c. Provide a flow of funds and expect profit 6. What is the name of the foreign currency in the form of notes and money
d. Send goods to other countries as in the form of bank paper money, banknotes or coins of countries?
a. physical foreign currency
4. what is the positive impact of infrastructure development on b. foreign exchange non physical
international finance? c. governing exchange rate Tool
a. encourage investors to enter the country d. International Exchange
b. increase barter activity 7. The currency rates are determined by market forces without any
c. resulting in declining import exports intervention by the Government included in the system ...
d. can increase tax revenue a. Fixed Exchange Rate System
b. Freely Floating Exchange Rate System
5. what is the positive impact on international financial with the c. Managed Floating Exchange Rate System
construction of international ports? d. Pegged Exchange Rate System
a. can increase tax revenue from import activities that occur 8. Is the currency issued as a legal payment instrument in another country,
b. reduce port tax revenues called ?
c. reduce the tourism sector a. foreign exchange
d. reduce investor interest in investing b. Exchange rate
c. Export
6. what are the benefits of the construction of the d. Inflation
samarinda-balikpapan toll road on international finance? 9. Foreign exchange rates determined by market forces, called ...
a. Reducing import export and encourage investors a. Permanent Exchange rate system
b. Increase export impor, increase state revenues and encourage b. Released exchange rate system
investors c. Float controlled
c. Lowering asking for tourist to visit d. Exchange rate system
d. Decreasing value of the rupiah 10. Who is the parties that need information about the change of foreign
exchange ?
7. What is meant by Foreign Trade? a. Bank Central
a. Invest in the company in the hope of gaining profits b. Individuals
b. Tax Collection by Providing tax amnesty c. Brokers
c. Exchange goods and service d. All the answer is right
d. Trade which includes Export and Import activities on Goods
or Trade in Services that exceed national borders. Foreign Of Accounting
1. Which financial statement displays the revenues and expenses of a
8. What are the benefits of having Indonesian workers working company for a period of time?
abroad? a. Income Statement
a. Reduce state Tax b. Balance Sheet
b. Increase exports and imports c. Cash Flow Statement
c. Increase the country’s foreign exchange d. Statement Of Stockholders Equity
d. Encourage investment
2. What is the main purpose of financial accounting?
9. What is meant by tariff? a. Organize Financial Information
a. A tax on imported goods or exports between sovereign countries b. Provide Useful, Financial Information To Outsiders
b. Capital participation to obtain capital c. Keep Track Of Company Expenses
c. Approval so that barter runs well d. Minimize Company Taxes
d. Tax collection
3. What is meant by the controller?
10. What is meant by currency? a. A Graphic Layout That Illustration The Rank
a. payment instruments for economic transactions that are spoken by b. The Cheif Financial Officer Of An Organization
the state c. A Branch Of Accounting That Deals With The Analysis Of A
b. selling goods overseas Certain Accounting Value.
c. the value of goods and services d. The Acual Receipt An Expenditure of Cash By An Organization
d. Purchasing goods from abroad
4. What does cost accounting?
FOREX a. The Cheif Financial Officer Of An Organization
1. A comparison between the value of the currency of a country with other b. A Graphic Layout That Illustration The Rank
countries is the sense of? c. The Acual Receipt An Expenditure of Cash By An Organization
a. Foreign currency d. A Branch Of Accounting That Deals With The Analysis Of A
b. Depreciation Certain Accounting Value.
c. Exchange rate
d. Appreciation 5. The accrual basis of accounting records revenues when they are:
2. The deciding factor that affects the movement of exchange rates, i.e. a. Contracted
a. Fundamental factor b. Readily Available For Use
b. Market factors c. Collected
c. Market sentiment d. Earned
d. All right
3. Included in the system of exchange rates are determined by the 6. Account included in the asset, except:
government of Indonesia is? a. Profit & Loss
a. fixed exchange rate system. b. Cash
 c. Petty Cash 19. The purpose of accounting is to be able to prepare financial statements
d. Inventory correctly, these financial statements consist of ...
a. General Ledger, Income Statement
7. Asset accounts have what type of balance? b. Income Statement, Statement Of Changes In Capital
a. Debit c. Balance, Income Statement, And Statement Of Changes In
b. Credit Capital
c. Contra d. All Of The Above Are Wrong
d. All Of The Above 20. Following this the normal debit balance is ...
a. Assets, Equity, Liabilities
8. What does the word fiscal refers to? b. Liabilities, Equity, Income
a. Another Term For Financial In The Words This Term Refers To c. Expenses, Prive, Assets
Matters Of Money. d. Assets, Expenses, Prive
b. A Review Of An Organizations Financial Records By An
Accountants Bookeping
c. Certificate Public Accountants 1. Formula of the basic accounting is…
d. The Chief Financial Offer Of An Organization a. Assets = Liabilities + Owner’s Equity (or capital)
b. Owner’s Equity (or capital) = Assets – Liabilities
9. What is cash flow? c. All answer are correct
a. The Systematic Recording Of Financial Information d. All answers are wrong
b. Another Term For Financial; In Other Words, This Refers To 2. The procedure of bookkeeping is, except ?
Matters Of Money a. Transaction.
c. The Actual Receipt And Expenditure Of Cash By An Organization b. Journal.
d. Anything Of Value Or Use To An Organization. c. General ledger.
d. Variable cost.
10. The extra value (Such as a company's reputation and other intangibles) 3. An entry on the Right-hand side or column of an account is
of a business not reflected in its financial statements. The meaning of ... called………...
a. Assets a. Decrease.
b. Goodwill b. Increase.
c. Auditing c. Credit.
d. Managements d. Debit.
4. To which account in the balance sheet is the net income or net
11. The accounting profession can be divided into three major categories; loss transferred on the end of the accounting period…..
specifically, the practice of public accounting, private accounting, and a. Cash.
governmental accounting. A somewhat unique and important service of b. Account receivable.
public accountants is ... c. Inventory.
a. Financial Accounting d. Account payable.
b. Managerial Accounting 5. Which of the following documents authorizes the purchase
c. Auditing transaction?
d. Cost Accounting a. Credit memo from supplier.
12. The primary private sector agency that oversees external financial b. Invoice or bill from supplier.
reporting standards is ... c. Purchase order.
a. Financial Accounting Standards Board d. Purchase requisition.
b. Federal Bereau Of Investigation 6. The following include asset accounts, except ….
c. General Accounting Office a. Building
d. Internal Revenue Service b. Equipment
13. Which of the following equations properly represents a derivation of the c. Cash
fundamental accounting equation? d. Prive
a. Assets + Liabilities = Owner’s Equity 7. The two basic system of bookeping are …
b. Assets = Owners Equity a. Double - entry and single - entry.
c. Cash = Assets b. Historical cost principle and revenue recognition
d. Assets – Liabilities = Owner’s Equity principle.
14. Wilson Company owns land that cost $100,000. If a “quick sale” of the c. Accrual basis and cash basis.
land was necessary to generate cash, the company feels it would receive d. Income and expenses.
only $80,000. The company continues to report the asset on the balance 8. What is the meaning of assets?
sheet at $100,000. Which of the following concepts justifies this? a. Anything of value that a business or organization
a. The Historical-cost principle owns.
b. The Value Is Tied To Objective And Verifiable Past Transactions b. A cost that occurs as part of a company's operating
c. Neither Of The Above activities during a specified accounting period.
d. Both “a” And “b” c. A liability for an amount owed to a creditor, usually
15. Retained earnings will change over time because of several factors. for the purchase of goods or service.
Which of the following factors would explain an increase in retained d. Money that people have to pay to the government.
earnings?
a. Net Loss 9. An entry on the left-hand side or column of an account is
b. Net Income called………...
c. Dividends A. Credit.
d. Investments By Stockholders B. Increase.
16. A person who performs an audit is ... C. Decrease.
a. A Manager D. Debit.
b. An Auditor
c. A Businessman 10. In the adjusting journal, the document used is.....
d. A Accountants a. Confirm balance.
b. Credit notes.
17. If the debt at the debit position indicates ... c. Receipt.
a. Reduced Debt d. Proof of the memorial.
b. Increasing Debt
c. Debt Sharing
d. All Of The Above
18. The obligation that is the burden of the company is called ...
a. Capital International
b. Debt 1. Why foreign trade often occurs?
c. Assets
d. Accounts Receivable : Foreign trade occurs because a country often does not have enough
certain goods to meet its needs
 2. Why were international Financial Institutions established?
International Financial Institutions were established to deal with
international financial problems, both in the form of loan assistance from
other assistance which could be in the form of low interest rates and
relatively long payment terms.
3. why is international finance an important part of the financial
economy?
International finance is an important part of the financial economy.
Because it addresses issues related to monetary interactions of at least
two or more countries. International finance deals with subjects such as
currency exchange rates, the world monetary system, foreign direct
investment (FDI), and other important issues related to international
financial management.
4. What the factors influence the exchange rate?
a. Inflation rate...
b. Balance of payments activities
c. Differences in interest rates in various countries...
d. Relative income level....
e. Government Control.....
f. Expectations
5. Why is international finance an important part of the financial
economy?
:because it addresses issues related to the monetary interactions of two or
more countries. International financial transactions with currencies such
as currency exchange rates, the world monetary system, foreign direct
investment, and other important issues relating to international financial
management.
Forex
1. What is your opinion about Foreign Exchange (forex) ?
Jawab : Foreign Exhange is a foreign currency and a means of
payment used to conduct international financial economic
transactions that have official exchange rates at the central bank
2. If exports are lower than import, is there any impact ? And what’s
the reason that caused?
Jawab : Because in export, the exchange of the destination
country usually occurs with the currency of the exporting. This
exchange occurs because the exporter needs the final export result
in the form of the currency of this country.
3. Why the lower class consumer have been hit by increas in parties
comodity on Indonesia ?
Jawab : First, because their income couldn’t offset the increase in
the price of goods. Second, parties in the import comodity
distribution chain start from importers to trailers, because they
face a shrinking domestic market. However, the drop in the rupiah
idn’t only have an impact on the price of imported comodities
alone.
4. Who is the involved in taking foreign exchange process ?
The participants in the market include thye major
international banks (trading primaliry for the acoounts of their
customers), brokers, central banks and large corporation with
international activity and individuals.
5. What is the significant impact of foreign exchange on debt and
wealth ?
a. If foreign debt is in the form of dollars, the government will
issue a larger rupiah, if the dollar increases.
b. If the dollar exchange rate increases and someone has
money in dollars, then wealth will increase in rupiah.
Foreign of accounting
1. What is the meaning of accounting in your opinion?
Answer: In my opinion accounting is an information that produces a
report needed by parties who have an interest in an economic activity
and the condition of a company.
2. What is meant by a management accountant?
Answer: Management accountants are accountants who help managers
to decide how to make profits by checking information related to the
costs of running the business and analyzing how much profit is
generated
3. What is the purpose of the management accountant?
Answer: The Management Accountant has the aim of providing
information related to manage and developing, and also interpreting to
assist management in operating the company.
4. What is the meaning of certified public accountants?
Answer: Certified public accountants is an accountants who has passed a
series of examinations and received a certificate or license entitling him
or her to render an opinion, qualified or unqualified, as to the fair
presentation of the data in the statements.
5. Why CPA very important for accountants in your opinion?
Answer: Because CPA is a trusted financial advisor who helps
individuals, businesses, and other organization plan and reach their
financial goals. whatever those goals saving for a new home, opening a
new office, or planning a multi-billion dollar merger CPA can help.
getting CPA certification opens the kinds of doors that can fast track you
into influential jobs in every industry
Bookeping
1. What is the purpose of Double - entry in the bookkeeping
process? Please explain in your opinion!
To give an idea of where your money goes and help you avoid mistakes.
Each transaction is recorded in at least two positions, because every business
transaction is an exchange of one thing with another. For example, I spend
Rp. 10,000 to get flour. If I only see my account balance, it will look as if I
have lost Rp. 10,000. However, flour also has value. So in the Dounble-entry
system that is,
Inventory = (+) Rp. 10,000
Cash = (-) Rp. 10,000
2. What are some of the qualification for a bookkeeping?
A. High School Diploma
We need at least a high school diploma to start a career
in bookkeeping.
B. Other skills
 Having knowledge in computer accounting
software
 As a bookkeeper, we need to have well-developed
communication skills.
 we also need to have decent multitasking skills and
be able to focus our attention in more places than
one.
C. Certification
Certification demonstrates we have the skills
required to handle big responsibilities. we will need it in
to show that we are ready to deal with payrolls, balancing
accounts and others
3. How is the internal audit procedure in a trading company ?
Understand and evaluate internal control over receivables and sales
transactions, accounts receivable and cash receipts, debts and purchase
transaction, trade payables and cash outlay.
4. Who has the right to make decisions in a company. Is it
bookkeeping or accounting. Explain your opinion in detail!
accounting, because based on bookkeeping activities, they do bookkeeping,
namely recording the company's financial transactions systematically, while
accounting regularly records and reports financial information for an
organization for a certain period of time. So it can be concluded that decisions
can be taken not only based on accounting records, but decision making can
be made based on accounting records.
5. What are the two basic methods of bookkeeping?
The two basic bookkeeping systems are double entries and single entries.
Double-Entry, namely an economic transaction will be recorded twice,
namely on the debit and credit side. while the single entry is a single record
system, ie every financial transaction is only recorded (journalized) once.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1. Why do we need foreign exchange process in our international trading
2. Who is the agent involved in taking foreign excahnge process?Please
explain in details?

3. What is accounting based on your own view ?

In my opinion accounting is an information that produces a report needed by

parties who have an interest in an economic activity and the condition of a
company.

4. Why do accounting still need up to to now? Please give an appropriate

example.

Because accounting can be an alternative source in the decision-making

process and because accounting is very close to the world of taxation where
accounting can help contribute to the country through financial report audits
that can regulate state income and expenditure

5. Is there any different / relationship between accounting and bookeeping

in process? Please give an appropriate example.

there are differences, for example in decision making, if bookkeeping cannot

make decisions because it only races on opening records while accounting can
make decisions because it is based on accounting records

6. Why do you take CPA test ? is it important for you, now?

in my opinion it is important because if we pass the CPA test, it will open

better career opportunities for individuals who want to work in Industry,
Government and Public Accounting Firms and if we don't pass we will get
experience such as training and knowledge.

7. Could you tell us what the different is between modern and old
bookeeping process?

the difference is that modern bookkeeping uses computerized systems such as

myob, while the old one still uses the writing system in a journal

8. Are you accounting staff / fresh graduates from accounting school /

profesional accounting career / Choose the option and give your valuable

I am a new graduate from the accounting school. who will later work in
accounting. Accounting major is one of the departments that has a broad
branch of science, such as Tax Accounting, Education, Finance, Examination,
Management and others. therefore accounting graduates can make careers
brighter, we can become accountants, audits, managers, bankers and other
important sectors, whether industry or business. therefore new graduates from
accounting schools will get professional accounting careers

International

1. World bank = International Financial

2. Exsport = Import
3. Currency = Exchange Rate 2. Accrual = Cash

4. Tariff = a tax on imported 3. Final Period = Adjusting Entry

5. Stock = Asset 4. Journal = Record

6. Trade debt = Liabilities 5. Capital = Owner

7. Foreign trade = Capital Market 6. Posting = Book-entry

8. Unemployment = Criminality 7. Bookeping = Financial Accounting

9. Income = Expense 8. Accounting Data = Accounting Input

10. Dollars = Currency 9. Financial Statement = Accounting Output

11. Selling Price= Purchase price 10. Accounting Cycle = Process Data

12. Aktiva = Passiva

13. High cost = Lost !!!!!!!!!!

14. High income = Profit Cross Rate = Rupiah

15. Vehicle = Long term investment
Asset = Liabilities
Forex
Ledger = listed of details account
1. Spot trading = Quick delivery
Foreign Exchange = Exchange one or more currency
2. Par value = Gold or Dollars
Spot trading = quick delivery
3. Multi financing = Floating Rate
Journal = Transaction recorded
4. Rate of exchange = Currency
Short term borrowing = long term borrowing
5. Swap = Purchase and sales transaction of foreign exchange
Controller = chief financial officer
6. Settlement = The delivery of payment
Pound sterling = currency
7. Treasury bill = Borrowing vehicle of a goverment

8. Forward contract = Agreement between a buyer and a seller Investmen = profit

9. Broker = Mediator that connects with the world money market

10. Foreign exchange = the currency of foreign countries

Foreign of Accounting

1. Accounting = The activity of recording, classifying, summarizing, and

interpreting

2. Management Accountants = Internal Accountants that relate to presentation

of financial statement

3. Certified Public Accountant (CPA) = Certificate or License for Accountant

4. Asset = Anything of value or use to an organizations

5. Managerial Accounting = The planning and direction of the operating

policies for an organizations

6. Financial Accountants = The activities of Accountants that recording all

financial activities

7. Nonprofit Organizations = Usually benefit from provisions in the tax laws

8. Private Accountants = Handle the financial records of a business

9. Cost Accounting = Counting at manufactured company Fill in the Blank

10. Public Accounting = Consist largely of auditing and tax services International

Bookeping Foreign trade, the exchange of goods between nations, take a place for many
reason . Is that no nation has all of the Commodities (commodity) that it
1. Account Payable = Liabilities needs. Is it enough for our nation to have raw materials? Countries that do not
have these Resources (resource) within their own Boundaries (boundary) must
buy from countries that export them. Foreign trade also occurs because a 5.
country often does not have enough of a particular item to Meet (meet) its need.
At the first, is able to other nation should have innovation,for example of a 6.
country that should have innovate by Creating (create) a machine engine that
will be Exported (export) to various countries that need such an Indonesia sell 7.
items at a lower cost than other countries. Foreign trade Take (take) place
because of innovation.The second, for most nations, exports and imports are 8.
the most important international Activity (activity). When nations export more
than they import, they said that of they should have a unfavorable balance of
trade. Nations try to maintain a favorable balance of trade, which Assures 9.
(assure) them of the means to buy necessary Imports (import).
10.
Forex
A bookkeeper Is responsible for processing the paperwork for a
company's business transactions.
One of the best ways to learn what it takes to become a bookkeeper Is
to study accounting software and get a feel for how it works.
Bookkeeping Is an activity in the from of recording financial
transaction.
The bookkeeping themselves must be accurate, good in math, and
meticulous That is they must be very careful to record each detail in it's
proper place.
The basic principle of double-entry bookkeeping Is, That every
transaction has a twofold effect.
The investment in an organization or business by It, Is Owner or
owners.

1. A foreign exchange trader must make quick decisions based on rapid !!!!!!!!!!!!!!!!!!!!!!
mathematical calculations.
1. National money .... printed on paper
2. All currencies are quotable either in terms of the value of one unit of
currency. 2. The long term borrowing .... the short term borrowing to grow the national
development project
3. Each rate quotation is the reciprocal of the other.
3. A trade .... when buyer and seller agree on the price given
4. Trading may also accour for settlement on delivery at any future date.
4. Every nation ..... resident on the use if its money outside the country
5. The foreign exchange trader also buys and sells for future delivery.

6. This service is usually offered to accommodate tourists. 5. Accounting ...... from the qualified salary

7. Every nation restricts resident on the use of its currency outside the 6. It. ........ not necessary to have the certificate in order to practice
country. accounting

8. The trader must also be certain that he has a sufficient balance in his due 7. Private govermental accountants, they ..... usually working in small
from accounts to make delivery on sales and maturing futures contracts. company as the beginning career

9. Rate fluctuate constantly during a trading day. 8. Many bookkeeping system ..... journal and record for specific types
10. Small decimal changes in the exchange rate are important.
9. It ...... excellent opportunities to move ahead
Foreign of Accounting
10. They are ....... to record each detail in system
1. There are several uses of management accounting to control an activity
from a company
2. The accounting function tends to infrom the activities carried out and
the cost in curred by a work with.
3. If there is a change in technologi, management accountants must learn
about these changes and existing skills.
4. Financial accountant is an accounting field that has activities to
recording all financial accounting transactions.
5. Managements accountants are very important for the continuity for
decision making.
6. The business owner have to manage their financial to make the
company still survive.
7. Without information, the management accountants will find the trick to
solve problem is difficult.
8. Facilitate decision making related to the resolution of operasional
problems faced by the company.
9. A management accounting career develops a long the growth of the
company.
10. A review of an organizations financial records by an accountants.

Bookkeeping
1. Singel entry is any bookkeeping system That does not include the
complete results of each transaction.
2. Journal is a book in which transaction Are recorded.
3. A general ledger account is an account or record used to sort and store
balance sheet and income statement transactions
4. A trial balance is a bookkeeping or accounting report That lists the
balances in each of an organizations general ledger accounts.