alleryStart learning →A segment manager is typically directly accountable to:
AThe listing stock exchange
BThe chief operating decision maker
CThe income tax department
DThe external statutory auditor
Answer & Solution
Correct answer: B. The chief operating decision maker
A segment manager is accountable to, and in regular contact with, the chief operating decision maker about results, forecasts and plans.
Keep practising Ind AS 24 Related Party Disclosures and Ind AS 108 Operating Segments
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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: