Dividends to a business's owners are not considered an expense in the statement of profit or loss and other comprehensive income.

Name: Dividends to a business's owners are not considered an expense in the statement of profit or loss and other comprehensive income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Dividends are not considered an expense, as they are a distribution of profits to the owners and do not impact the business's operating activities. They are typically shown in the statement of changes in equity.

Dividends to a Business's Owners Are Not Considered an Expense