Question

Statement l: - While preparing Cash flow statement, Proposed Dividend of current year is added
under Cash flow from Operating Activities and
Statement Il: - Proposed Dividend of previous year will be subtracted from Financing Activities.

1 Both statements are correct
2 Both statements are false
3 Only Statement ll is correct
4 Only Statement l is correct​

Answer 1

Answer:

1= True

2= False

3= True

4= True