Multiple Choice
Compared to AASB 114 Segment Reporting, AASB 8/IFRS 8 Operating Segments can be described as:
A) less prescriptive.
B) less onerous in terms of disclosure.
C) more closely aligned to other accounting standards.
D) preferred in the European Union to its predecessor.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Segments that do not satisfy the requirements
Q2: For financial reporting periods commencing prior to
Q3: AASB 8/IFRS 8 Operating Segments is primarily
Q5: The key decision points in identifying an
Q6: Complete the following sentence: AASB 8/IFRS 8
Q7: Which of the following statements is correct
Q8: Under AASB 8/IFRS 8 all entities to
Q9: Liza, Kelsey and Josh are the
Q10: AASB 8/IFRS 8 Operating Segments applies to:<br>I.
Q11: Under AASB 8/IFRS 8, entities are required