An example of appropriation of profit in a company is

Assessment: WAEC SSCE - Financial Accounting - 1997 (Objective) Subject: Financial Accounting

Question 1 Report

An example of appropriation of profit in a company is
Answer Details
Appropriation of profit in a company refers to the allocation of the company's profits to various uses such as payment of dividends, taxation, transfer to reserves, etc. Among the options provided, the example of appropriation of profit in a company is dividend. Dividend is a portion of the company's profits that is distributed to its shareholders as a return on their investment. It is usually declared by the board of directors and paid out to the shareholders in the form of cash or additional shares.

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