An Operating Segment Is Defined by AASB 8 As

Multiple Choice

An operating segment is defined by AASB 8 as:

A) a component of an entity that is of separable and identifiable interest to a section of stakeholders of the entity.
B) a distinguishable component of an entity and that component is engaged in providing an individual product or service or group of related products or services and is subject to risks and returns that are different from those of other distinguishable components of the entity.
C) an identifiable component of an entity that is engaged in providing an individual product or service to other entities within the group and is subject to special risks and returns as a result of relying on other components of the entity.
D) an identifiable component of an entity based on functional relationships with suppliers or customers or financiers established over a period of time.