alleryStart learning →Which factor helps judge detail for government-related transactions?
ACarried out on non-market terms
BSettled within one week
CDenominated in rupees
DRecorded in the first quarter
Answer & Solution
Correct answer: A. Carried out on non-market terms
Size, non-market terms, deals outside normal business, regulatory disclosure, reporting to senior management and shareholder approval all signal significance.
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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: