AASB 101 requires that information in relation to dividends paid or declared during the year be disclosed in:
A) either the statement of changes in equity or the notes to the financial statements.
B) the statement of changes in equity only.
C) the notes to the financial statements only.
D) the statement of comprehensive income.

Question

Quizplus · Accepted Answer

AASB 101 requires disclosure of information in relation to dividends paid or declared during the year in either the statement of changes in equity or the notes to the financial statements. Therefore, the best choice is A, as it includes both options.

AASB 101 Requires That Information in Relation to Dividends Paid