Question

AS - 17 attempts to establish and prescribe principles for..............
reporting for an enterprise.
option:- a)segment b) daily c) weekly d) monthly ​

Answer 1

Answer:

option b is correct...........

Answer 2

a) Segment

Information about the different types of business products and services and its functioning in different parts of the country - often referred to as sector information - is important in assessing the risk and return of a business or multidisciplinary business but will not be available on aggregated data. Therefore, segment information reporting is widely considered to be necessary to meet the needs of users of financial statements.

Hence, the sentence will be:

AS - 17 attempts to establish and prescribe principles for segment reporting for an enterprise.