CERTYNEX IFRS ACADEMY

Étoile SA has 70% of its receivables from one customer and 85% of its deposits with a single bank (case facts). Which conclusion is consistent with the quantitative disclosures on risks?

It provides its exposure at the reporting date without mentioning these concentrations, which are for management's internal analyses and not for the notes.

It provides its exposure to each type of risk at the reporting date and flags these risk concentrations on a counterparty.

It replaces the exposure at the reporting date with the average exposure for the year, judged more representative of the entity's activity.

It limits the disclosure to the concentration, since the total exposure is already visible in the statement of financial position.