alleryStart learning →Combined segment assets are Rs 800 crore. Minimum assets for the asset test:
ARs 80 crore
BRs 40 crore
CRs 160 crore
DRs 100 crore
Answer & Solution
Correct answer: A. Rs 80 crore
Ten per cent of Rs 800 crore is Rs 80 crore, and a segment with assets of 10 per cent or more is reportable.
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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: