alleryStart learning →Entity-wide disclosures in paragraphs 32 to 34 apply to:
AAll entities incl. single segment
BOnly listed banking firms
CMulti-segment entities only
DForeign parent groups only
Answer & Solution
Correct answer: A. All entities incl. single segment
They apply to all entities within the standard, even those with one reportable segment, if not already given in segment data.
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?The internal structure changes so reportable segments change. Earlier periods are: