9. Which of the following statements is false?

A. The “equity” component of the statement of financial position is increased by the amount of profit earned during the year

B. The “equity” component of the statement of financial position is decreased by the amount of profit earned during the year

C. The “equity” component of the statement of financial position is reduced by the amount of dividend to be paid for the year

D. The “equity” component of the statement of financial position may change as the result of a revaluation of assets

Answer : B