alleryStart learning →Items affecting assets, income or cash flows are disclosed if unusual in:
AColour, shape or location
BAuditor, lawyer or banker
CNature, size or incidence
DAge, tenure or grade
Answer & Solution
Correct answer: C. Nature, size or incidence
Unusualness is judged by nature, size or incidence, and the nature and amount of such items must be disclosed.
Keep practising Ind AS 34 Interim Financial Reporting
Browse all Ind AS 34 Interim Financial Reporting questions for CA Final, or explore more Financialreporting topics.
Related questions
A reporter more frequent than half-yearly measures income and expenses on what basis?Versus IAS 34, Ind AS 34 allows profit and loss in:Ind AS 34 Appendix A on interim reporting and impairment matches which interpretation?Ind AS 36 states that an impairment loss recognised for goodwill:The ban on reversing interim goodwill impairment is extended by analogy to other areas:Goodwill impairment booked in an interim period is later:Why must a policy change cover the whole financial year?A change in accounting policy at an interim date is reflected by: