alleryStart learning →Goodwill in an associate's carrying amount is tested:
Aseparately under Ind AS 36
Bwithin the whole carrying amount
Conly at the time of disposal
Dnever, being outside any test
Answer & Solution
Correct answer: B. within the whole carrying amount
Goodwill is not separately recognised, so the entire carrying amount is tested as a single asset.
Keep practising Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures
Browse all Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures questions for CA Final, or explore more Financialreporting topics.
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