Start learning →

A dividend from a subsidiary is recognised in separate financial statements when:

Athe cash is received
Bits right is established
Cthe audit is completed
Dthe next year starts
Answer & Solution
Correct answer: B. its right is established
The dividend goes to profit or loss when the right to receive it is established.
Practise this question with Quill — CA Final →

Keep practising Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures

Browse all Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures lesson →
Related questions