alleryStart learning →A segment misses all 10 per cent tests. May it still be reported separately?
AOnly if it is loss-making
BOnly with auditor consent
CYes, if management deems useful
DNo, never under any case
Answer & Solution
Correct answer: C. Yes, if management deems useful
Management may treat a below-threshold segment as reportable if information about it would be useful to users.
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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: