AASB 8 Requires That

Multiple Choice

AASB 8 requires that:

A) Reportable segments must individually constitute less than 75 per cent of the entity's total revenues.
B) The total revenues attributable to the reportable segments must be equal to or greater than 75 per cent of the entity's total revenues.
C) The total external revenues attributable to reportable segments must equal at least 75 per cent of the entity's total revenues.
D) The sum of the individual reportable segment's profits or losses must be equal to or greater than 75 per cent of the entity's absolute amount of profit or loss.