AASB 101 Requires That Information in Relation to Dividends Paid

question 24

Multiple Choice

AASB 101 requires that information in relation to dividends paid or declared during the year be disclosed in:

• A) either the statement of changes in equity or the notes to the financial statements.
• B) the statement of changes in equity only.
• C) the notes to the financial statements only.
• D) the statement of comprehensive income.

---

Definitions:

Value Chain Optimization

A strategic process aimed at improving efficiency and competitive advantage by analyzing and optimizing each step involved in producing a product or service.

Enterprise Resource Planning (ERP) Systems

Integrated software platforms that manage a company's core business processes, such as finance, supply chain, operations, reporting, manufacturing, and human resource activities.

Electronic Data Interchange (EDI) Systems

A set of computer systems that allow the electronic transfer of business documents, such as orders and invoices, between organizations.

Just-In-Time (JIT) Inventory Systems

A supply chain management strategy that aims to reduce inventory costs by receiving goods only as they are needed in the production process.