AASB 101 Requires That Information in Relation to Dividends Paid

question 25

Multiple Choice

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

• A) the Statement of Changes in Equity only;
• B) the notes only;
• C) either the Statement of Changes in Equity or the notes;
• D) the Statement of Comprehensive Income.

---

Definitions:

Tax Policy

Guidelines and laws governing how taxes are structured, collected, and managed by a government to influence economic activity.

Budget Line

A graphical representation of all possible combinations of two goods that a consumer can afford with their income level.

Prices

The price necessary to obtain a good, service, or piece of property.

Income

The money received by an individual or organization, typically measured on a regular basis, for work or through investments.