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.

Question

Quizplus · Accepted Answer

AASB 101 requires disclosure of dividends paid or declared during the year, which can be disclosed either in the statement of changes in equity or in the notes to the financial statements. Therefore, choice C is the best answer.

AASB 101 Requires That Information in Relation to Dividends Paid