CERTYNEX IFRS ACADEMY

A working paper describes the quantitative disclosures on a company's risks. Which of its sentences is wrong?

The entity provides quantitative information on its exposure to each type of risk at the reporting date.

The quantitative disclosures also cover the concentration of risk with a counterparty or a sector.

The sensitivity analysis falls under a separate paragraph from the one dealing with quantitative information on exposure.

The sensitivity analysis stands in for quantitative information on exposure and concentration.