Dividends Declared After Reporting Date but Before the Authorisation for Issue

question 3

True/False

Dividends declared after reporting date but before the authorisation for issue of the financial report do not meet the criteria of the present obligation because the identity of the shareholders is unknown until the date of payment.

---

Definitions:

Streetwalkers

Individuals, often prostitutes, who solicit customers for sexual services in public places, typically on the streets.

Economic Necessity

Economic necessity refers to the critical need to earn a living and support oneself and one’s family, often driving individual choices and actions.

Commercial Transactions

Exchanges of goods, services, or financial assets in the course of business activities.

Streetwalkers

A term often associated with individuals who engage in prostitution on public streets.