Generally, the dividend payment appearing in the financing section of the statement of cash flows represents:
A)interim dividends declared in the current year.
B)proposed dividends from last year that have been paid, plus any interim dividends declared and paid in the current year.
C)proposed dividends from last year.
D)current year's dividend.

Question

Quizplus · Accepted Answer

The dividend payment appearing in the financing section of the statement of cash flows represents the dividends paid during the current year, as well as any proposed dividends from the previous year that have been paid, and any interim dividends declared and paid in the current year. Thus, option B is the correct choice.

Generally, the Dividend Payment Appearing in the Financing Section of the Statement