Multiple Choice
Dividends declared after the balance date but before the financial statements are authorised for issue:
A) meet the recognition criteria for a liability.
B) satisfy the recognition criteria for an expense.
C) do not meet the AASB 137 criteria of a present obligation.
D) are recognised in the statement of financial position as they meet the definition of equity.
Correct Answer:

Verified
Correct Answer:
Verified
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