Gooseberry Corp

Multiple Choice

Gooseberry Corp. is a multidivisional corporation that has both intersegment sales and sales to external customers. Gooseberry should report segmented financial information for each division meeting which of the following IFRS criteria?

A) segment profit or loss is 10% or more of consolidated profit or loss
B) segment profit or loss is 10% or more of combined profit or loss of all company segments
C) segment revenue is 10% or more of combined revenue of all the company segments
D) segment revenue is 10% or more of consolidated net income