alleryStart learning →Two small segments may combine only if they have similar economics and:
AAre located in one city
BReport to one manager
CShare most aggregation criteria
DHave identical asset sizes
Answer & Solution
Correct answer: C. Share most aggregation criteria
Below-threshold segments can be combined only when they have similar economic characteristics and share a majority of the aggregation criteria.
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: