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A Company Adopting the Replaceable Rules Included in the Corporations

Question 14

Multiple Choice

A company adopting the replaceable rules included in the Corporations Act announces a dividend to be paid after the balance date.The company:


A) must recognise a liability in its financial statements.
B) must not recognise a liability.
C) has the choice of whether to recognise a liability or not.
D) none of the above.

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