alleryStart learning →Ind AS 108 requires segment disclosures for each period for which what is presented?
AA balance sheet alone
BStatement of profit and loss
CA cash flow statement
DA directors report only
Answer & Solution
Correct answer: B. Statement of profit and loss
Segment disclosures are given for each period for which a statement of profit and loss is presented.
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: