Multiple Choice
In accordance with AASB 8 an operating segment is a component of an entity:
A) that engages in business activities from which it may earn revenues and incur expenses.
B) whose operating results are regularly reviewed by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and asses its performance.
C) for which discrete financial information is available.
D) All of the given answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Edwards and Smith (1996)found that one of
Q40: AASB 8 does not require disclosure of
Q41: AASB 8 requires that:<br>A) Reportable segments must
Q42: A geographical segment is defined in part
Q43: Discuss the issues involved in allowing management
Q45: Managers may choose to provide segment data
Q46: AASB 8 requires which of the following
Q47: According to AASB 8,'where total external revenues
Q48: The following information relates to All
Q49: Segment revenues do not include:<br>A) interest earned