Dividends paid to noncontrolling shareholders:
I.are reported as a cash outflow in the consolidated cash flow statement.
II.represent funds that are no longer available to the consolidated entity.
III.are reported in the consolidated retained earnings statement.
A)Observation I alone is true.
B)Observation III alone is true.
C)Observations I and II are true.
D)Observations I,II,and III are true.

Question

Quizplus · Accepted Answer

The Answer is C

Dividends Paid to Noncontrolling Shareholders