alleryStart learning →Paragraph 19 requires related party disclosures separately for how many categories?
ASix
BSeven
CFive
DNine
Answer & Solution
Correct answer: B. Seven
The seven categories run from the parent, entities with joint control or significant influence, subsidiaries, associates, joint ventures, key management personnel, to other related parties.
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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: