Segment information in an interim report is required only if:
AThe entity is listed on an exchange
BSegment profit has risen in the period
CThe entity has several subsidiaries
DInd AS 108 requires it annually
Answer & Solution
Correct answer: D. Ind AS 108 requires it annually
Segment disclosure at an interim date follows the annual requirement: no annual segment duty under Ind AS 108 means none in the interim report.
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: