alleryStart learning →In a matrix organisation with product and geographic managers, how are the segments chosen?
ABy the core principle
BAlways by product line
CAlways by geography
DBy the auditor's choice
Answer & Solution
Correct answer: A. By the core principle
Where two overlapping sets of components qualify, the entity decides by reference to the core principle.
Keep practising Ind AS 24 Related Party Disclosures and Ind AS 108 Operating Segments
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Related questions
The core principle of Ind AS 108 is to help users evaluate the:Where equity-method investments sit in segment assets, the entity discloses:Which item is disclosed if in the decision maker's profit measure?Entities known to be under common control are treated, for major customers, as:Geographical non-current assets exclude:Geographical revenue must be shown for the country of domicile and:Which revenue must be reported for each product or service group?Entity-wide disclosures in paragraphs 32 to 34 apply to: