Multiple Choice
AASB 8 requires:
A) the segments to be identified as business segments or geographical segments.
B) the amount reported for each operating segment item to be the measure reported to the chief operating decision maker.
C) the reporting entity to determine its primary reporting format.
D) the segments to be based on the location of assets or location of customers.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: Management may be concerned that segment reporting
Q68: The following information is provided for
Q69: AASB 8 bans the disclosure of segments
Q70: Research has shown that companies only provide
Q71: The consolidated statement of comprehensive income provides
Q73: The following information relates to Baggins Ltd
Q74: AASB 8 allows reportable segments to be
Q75: In the situation where an entity has
Q76: The following segment information is presented
Q77: Which of the following characteristics of a