Question

The best way to verify the amounts of dividend revenue received during the year is:

1) Recomputation.
2) Verification by reference to dividend record books.
3) Confirmation with dividend-paying companies.
4) Examination of cash disbursements records.

Answer 1

Verification by reference to dividend record books is the best way to verify the amounts of dividend revenue received during the year.

Step-by-step explanation:

The best way to verify the amounts of dividend revenue received during the year is through verification by reference to dividend record books. Dividend record books contain detailed information about the dividends paid by a company, including the dates of payment, the amount paid per share, and the total amount paid. By comparing the dividend record books with the company's financial statements, you can ensure the accuracy of the dividend revenue received.