Multiple Choice
Under AASB 8 segment profit is the difference between:
A) revenues from ordinary activities and expenses from ordinary activities
B) revenues from operating activities and expenses from ordinary activities
C) revenues and expenses internally reported to senior management
D) revenues for the segment that corresponds to those reported in the comprehensive profit statement (same recognition and measurement rules applied)
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Under AASB 8 information must always be
Q6: Gains on the sale of investments only
Q7: In preparing segment information, different accounting policies
Q8: Under AASB 8:<br>A)disclosure is required of both
Q9: Under AASB 8 the objective is to
Q11: It is possible to classify segments
Q12: It is possible to classify segments
Q13: Under AASB 8 different rules are adopted
Q14: Which of the following statements most accurately
Q15: A segment that was identified as a