alleryStart learning →Total segment assets are Rs 2,500 lakh. A segment holds Rs 260 lakh:
AFails the asset test
BMeets the asset test
CIs auto-aggregated
DIs excluded as small
Answer & Solution
Correct answer: B. Meets the asset test
Ten per cent of Rs 2,500 lakh is Rs 250 lakh, and Rs 260 lakh exceeds it.
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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: