alleryStart learning →Revenue is Rs 500 lakh; one customer gives Rs 50 lakh. Disclose?
AYes, exactly 10% triggers
BNo, must exceed 10%
CNo, below the threshold
DOnly if segment reportable
Answer & Solution
Correct answer: A. Yes, exactly 10% triggers
Revenue of 10 per cent or more triggers disclosure, and Rs 50 lakh is exactly 10%.
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