Which of the following items is reported in the body of the statement of cash flows?
A)Declaration of a cash dividend
B)Payment of a cash dividend
C)Declaration of a share dividend
D)Distribution of a share dividend
E)Share split

Question

Quizplus · Accepted Answer

The payment of a cash dividend would be reported as a cash outflow in the financing section of the statement of cash flows. The declaration of a cash dividend would be reported in the notes to the financial statements, but not in the body of the statement of cash flows. The declaration and distribution of a share dividend, as well as a share split, would not be included in the statement of cash flows at all, as they do not involve a cash receipt or payment.

Which of the Following Items Is Reported in the Body