alleryStart learning →Commitments relating to joint ventures must be disclosed in what way?
AMerged with all others
BOnly as a tax footnote
COnly if already paid
DSeparately from others
Answer & Solution
Correct answer: D. Separately from others
Paragraph 23(a) requires commitments relating to joint ventures to be shown separately from other commitments.
Keep practising Ind AS 112 Disclosure of Interests in Other Entities
Browse all Ind AS 112 Disclosure of Interests in Other Entities questions for CA Final, or explore more Financialreporting topics.
Related questions
How should disclosures for similar entities be aggregated?Which is included in income from a structured entity?For a sponsored structured entity with no interest at year end, what is disclosed?Maximum exposure to loss cannot be quantified. What must the entity disclose?Which amount is disclosed for unconsolidated structured entities?A typical customer supplier relationship alone has what effect on having an interest in anWhat is a structured entity?An unconditional purchase obligation to buy equipment for a joint venture is what?