alleryStart learning →Depreciation is charged to a segment but the related assets are not. This is:
AA reconciling item
BA prior period error
CAn asymmetrical allocation
DA change in policy
Answer & Solution
Correct answer: C. An asymmetrical allocation
Charging a segment with depreciation without allocating the depreciable assets is the standard's own example of an asymmetrical allocation, which must be disclosed.
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: