Exam 21: Operating Segments

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Complete the following sentence: IFRS 8 Operating Segments is applicable for financial reporting periods _____ on or after 1 January 2009. Early adoption is _______.

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Based on the information provided below, which business unit(s) should be identified as TeeVee Ltd's operating segment(s)? Based on the information provided below, which business unit(s) should be identified as TeeVee Ltd's operating segment(s)?

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The following criteria are the key decision points in identifying an entity's component as an operating segment, except for:

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Cherry Group has operating segments in three different locations. Total assets for each segment are as follows: \blacktriangleright Melbourne $400 000 \blacktriangleright Sydney $80 000 \blacktriangleright Adelaide $20 000 Which operating segment(s) should be disclosed as reportable segment(s) of Cherry Group?

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Which of the followings are the requirements under IFRS 8? Which of the followings are the requirements under IFRS 8?   Enues and expenses from internal and external customers.or preparing financial statements. Leaning Objective 21.4 Briefly compare IFRS 8 with its predecessor standard IAS 14. Enues and expenses from internal and external customers.or preparing financial statements. Leaning Objective 21.4 Briefly compare IFRS 8 with its predecessor standard IAS 14.

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Segments that do not satisfy the requirements of a reportable segment must:

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Additional segments must be identified as reportable segments until at least:

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If an operating segment does not meet all of the thresholds of significance, it:

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If an entity presents both consolidated financial statements and parent entity financial statements in the same financial report, it must present:

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Under IFRS 8, two or more operating segments may be aggregated into a single operating segment if aggregation is consistent with the core principle of the standard, the segments have similar economic characteristics, and the segments are similar in each of the following respects: Under IFRS 8, two or more operating segments may be aggregated into a single operating segment if aggregation is consistent with the core principle of the standard, the segments have similar economic characteristics, and the segments are similar in each of the following respects:

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