Reportable segments must cover at least what share of enterprise external revenue?
A75 per cent
B50 per cent
C66 per cent
D90 per cent
Answer & Solution
Correct answer: A. 75 per cent
If reportable segments cover less than 75 per cent, more segments must be added until they do.
Keep practising AS 17 Segment Reporting
Browse all AS 17 Segment Reporting questions for CA Inter, or explore more Accounting topics.
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?