Multiple Choice
Cherry Group has operating segments in three different locations. Total assets for each segment are as follows:
Melbourne $400 000
Sydney $80 000
Adelaide $20 000
Which operating segment(s) should be disclosed as reportable segment(s) of Cherry Group?
A) All segments are reportable segments;
B) Melbourne and Sydney are the only reportable segments;
C) Sydney and Adelaide are the only reportable segments;
D) Melbourne is the only reportable segment.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Under IFRS 8, entities are required to
Q3: IFRS 8 Operating Segments applies to: <br>I.
Q4: One of the conditions used to determine
Q5: IFRS 8 Operating Segments is primarily a:<br>A)
Q6: Assuming the three business units below
Q7: Based on the information provided below,
Q8: IFRS 8 requires disclosure in relation to
Q9: A key objective of providing financial reporting
Q10: IFRS 8 prescribes that an operating segment
Q11: If an entity presents both consolidated financial