While the Total Amount of Dividend Recognised as Distributions to Owners

question 28

True/False

While the total amount of dividend recognised as distributions to owners must be disclosed under AASB 101, the amount per share does not have to be disclosed.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Split-off

A point in the production process in a joint production system where two or more products become individually identifiable and their costs can be separately allocated.

Production Work

The tasks and activities involved in manufacturing products, including assembly and processing materials.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.