alleryStart learning →An interest held for sale under Ind AS 105 needs what regarding summarised information?
AFull detail required
BOnly cash flow data
CNo summarised data
DOnly prior year data
Answer & Solution
Correct answer: C. No summarised data
Paragraph B17 exempts summarised financial information for interests classified as held for sale under Ind AS 105.
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?