alleryStart learning →The internal structure changes so reportable segments change. Earlier periods are:
AReset to nil balances
BNever restated at all
CRestated unless too costly
DLeft in their old form
Answer & Solution
Correct answer: C. Restated unless too costly
Earlier periods are restated unless the information is not available and the cost to develop it would be excessive.
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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: