alleryStart learning →A matrix presentation of segments under AS 17 is?
ANeither required nor banned
BNeeded for listed firms
CBanned for all enterprises
DCompulsory for every firm
Answer & Solution
Correct answer: A. Neither required nor banned
The Standard allows a matrix presentation with full disclosure on both bases but does not demand 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?