Question : If Net profit after tax is the starting point then which of the following items will be deducted to arrive at Net profit before tax and extraordinary items?

Option 1: Dividend (Final or Proposed) paid during the year

Option 2: Transfer to Reserves (Say DRR, General Reserve)

Option 3: Provision forTax made during the year

Option 4: Refund of income Tax

Question : If Net profit after tax is the starting point then which of the following items will be deducted to arrive at Net profit before tax and extraordinary items?

Option 1: Dividend (Final or Proposed) paid during the year

Option 2: Transfer to Reserves (Say DRR, General Reserve)

Option 3: Provision forTax made during the year

Option 4: Refund of income Tax

Question : Adjustment for Proposed Dividend in Cash flow statement is :

Option 1: Add the previous year’s proposed dividend under net profit before tax and extraordinary items anddeduct it under Financing Activity.

Option 2: Add the current year’s proposed dividend under net profit before tax and extraordinary items and deduct previous year’s proposed dividend under Financing Activity.

Option 3: Add the current year’s proposed dividend under Net Profit before Tax and Extraordinary Items and deduct current year’s proposed dividend under Financing Activity

Option 4: None of the above

Question : Adjustment for Proposed Dividend is:

Option 1: Add the previous year’s proposed dividend under net profit before tax and extraordinary items and deduct it under Financing Activity.

Option 2: Add the current year’s proposed dividend under net profit before tax and extraordinary items and deduct previous year’s proposed dividend under Financing Activity.

Option 3: Add the current year’s proposed dividend under Net Profit before Tax and Extraordinary Items and deduct current year’s proposed dividend under Financing Activity

Option 4: None of the above

Question : Which of the following statement is correct, with respect of Adjustment for Proposed Dividend is:

Option 1: Add previous year's proposed dividend under net profit before tax and extra-ordinary items and deduct it under investing activities.

Option 2: Add previous proposed dividend while calculating net profit before tax and extraordinary items and deduct previous year's proposed dividend under Financing Activity.

Option 3: Add current year's proposed dividend under Net Profit before Tax and Extraordinary items and deduct current year's proposed dividend under Financing Activity.

Option 4: None of the above.

Question : Which of the following statement is correct, with respect of Adjustment for Proposed Dividend is:

Option 1: Add previous year's proposed dividend under net profit before tax and extra-ordinary items and deduct it under investing activities.

Option 2: Add previous proposed dividend while calculating net profit before tax and extraordinary items and deduct previous year's proposed dividend under Financing Activity.

Option 3: Add current year's proposed dividend under Net Profit before Tax and Extraordinary items and deduct current year's proposed dividend under Financing Activity.

Option 4: None of the above.