Start learning →

A typical customer supplier relationship alone has what effect on having an interest in another entity?

AIt always creates one
BIt creates control
CNot necessarily one
DIt creates joint control
Answer & Solution
Correct answer: C. Not necessarily one
The definition says an entity does not necessarily have an interest solely because of a typical customer supplier relationship.
Practise this question with Quill — CA Final →

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.

Start a Ind AS 112 Disclosure of Interests in Other Entities lesson →
Related questions