alleryStart learning →For which companies is AS 17 not mandatory?
AForeign subsidiary companies
BGovernment-owned companies
CPublicly listed companies
DSmall and Medium Sized Companies
Answer & Solution
Correct answer: D. Small and Medium Sized Companies
Small and Medium Sized Companies are exempt from mandatory compliance but are encouraged to follow it.
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Related questions
Segment result includes interest expense. Segment liabilities then include what?Each business segment must be described by indicating what?A change in how revenues and expenses are allocated to segments leaves what unchanged?A material segment policy change needs nature and what else?On what basis are inter-segment transfers measured?If geography is primary, what is reported for large business segments?With business segments primary, which geographical segments need secondary revenue data?The reconciliation ties segment result to which enterprise item?