The declaration of dividends by the board of directors would be reported on a statement of cash flows as:
A)a cash inflow under the financing activities.
B)a cash outflow under the financing activities.
C)a cash outflow under the investing activities.
D)none of these. This activity would not be reported on a statement of cash flows.

Question

Quizplus · Accepted Answer

The declaration of dividends does not affect the cash flows of the company, so it is not reported on the statement of cash flows.

The Declaration of Dividends by the Board of Directors Would