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Which of the Following Statements Is Correct

Question 24

Multiple Choice

Which of the following statements is correct?


A) AASB 8 requires additional disclosures about any reliance on major customers.
B) AASB 8 requires an entity to identify primary and secondary segments.
C) AASB 8 requires that the majority of a segment's revenue be from external sources in order for it to be identified as a reportable segment.
D) AASB 8 requires that the amount of each segment item reported be the measure determined in accordance with the entity's IFRS accounting policies.

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