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Homework answers / question archive / QUESTION 12 Which of the following songs deal with money and/or tax?     Taxman by the Beatles     Money by Pink Floyd     Money, Money, Money, by Abba     Tax Free by Joni Mitchell     All of the above QUESTION 13 Which of the following statement is false?     Dividends are not an expense of the company

QUESTION 12 Which of the following songs deal with money and/or tax?     Taxman by the Beatles     Money by Pink Floyd     Money, Money, Money, by Abba     Tax Free by Joni Mitchell     All of the above QUESTION 13 Which of the following statement is false?     Dividends are not an expense of the company

Accounting

QUESTION 12

  1. Which of the following songs deal with money and/or tax?

       

    Taxman by the Beatles

       

    Money by Pink Floyd

       

    Money, Money, Money, by Abba

       

    Tax Free by Joni Mitchell

       

    All of the above

QUESTION 13

  1. Which of the following statement is false?

       

    Dividends are not an expense of the company.

       

    Dividends are defined in s 6(1) of ITAA 1936.

       

    All shareholders are automatically entitled to franking credits attached to a franked distribution of profit.

       

    A dividend includes any amount credited by a company to its shareholders as shareholders.

 

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