alleryStart learning →Ind AS 107 deals with disclosures relating to which subject?
AFinancial instruments and related risks
BLeases and lessee obligations
CInventories and cost formulas
DRevenue from customers and contracts
Answer & Solution
Correct answer: A. Financial instruments and related risks
Ind AS 107 requires disclosure about financial instruments and the risks and policies connected with them.
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Related questions
Once a company adopts Ind AS, voluntarily or mandatorily:Which body recommends Ind AS to the Ministry of Corporate Affairs?Equity rose from Rs 10,00,000 to 11,50,000; owners added 60,000, dividends 20,000. ComprehConsolidated statements show parent and subsidiaries as:A cash flow statement reports activities under which three heads?Which statement is a snapshot at one date?Foreseeable future for going concern is usually:Going concern basis applies unless: