Start learning →

Once one asset leaves a held for sale group, the rest stay a group only if:

AThe statutory auditor agrees
BThe group still meets the criteria
CManagement approves in writing
DRemoved asset is under 10 percent
Answer & Solution
Correct answer: B. The group still meets the criteria
The remaining items continue as a group only if the group itself still satisfies the criteria; otherwise they are measured individually.
Practise this question with Quill — CA Final →

Keep practising Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations

Browse all Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 105 Non-current Assets Held for Sale and Discontinued Operations lesson →
Related questions