An appropriation of profits to satisfy the shareholders' entitlement to receive a portion of the profits is commonly known as a/an:
A) asset
B) dividend
C) expense
D) revenue
Correct Answer:
Verified
Q8: The dividend determined at the end of
Q9: Total comprehensive income comprises all components of:
A)profit
Q10: What is the process of incorporating in
Q11: One of the main principles of the
Q12: Recoverable amount is defined as:
A)the higher of
Q14: In the past,reserves were divided into:
A)expense reserves
Q15: Any dividends reinvested as shares under a
Q16: Contributed equity does not include which of
Q17: Under recent amendments to the Corporations Act,a
Q18: Dividends are usually recommended by the:
A)creditors
B)employees
C)shareholders
D)directors
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents