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Dividends Declared After the Balance Date but Before the Financial

Question 3

Multiple Choice

Dividends declared after the balance date but before the financial statements are authorised for issue:


A) meet the criteria for recognition as a liability.
B) satisfy the criteria for recognition as an expense.
C) are recognised in the statement of financial position as they meet the definition of equity.
D) do not meet the AASB 137 criteria of a present obligation.

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