CAF-1 · Chapter 11 · Question 6 of 15
Where should the amount of dividends recognized as distributions to owners during the period be presented?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Either in the statement of changes in equity or in the notes.
Explanation
An entity shall present, either in the statement of changes in equity or in the notes, the amount of dividends recognized as distributions to owners during the period.
More IAS 1 Presentation of Financial Statements MCQs
- Q8Which of the following is NOT required to be displayed prominently identifying the financial statements?
- Q9Regarding the title of financial statements, which of the following is true under IAS 1?
- Q10Which of the following items must be presented as a minimum in the statement of changes in equity?
- Q11How should an entity present the notes to its financial statements?
- Q12In the statement of financial position, what is the rule regarding the classification of deferred tax assets and liabilities?