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  2. Topic
    Business
  3. Study Set
    Financial Reporting
  4. Exam
    Exam 20: Operating Segments
  5. Question
    Compared to AASB 114 Segment Reporting, AASB 8/IFRS 8 Operating
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Compared to AASB 114 Segment Reporting, AASB 8/IFRS 8 Operating

Question 2

Question 2

Multiple Choice

Compared to AASB 114 Segment Reporting, AASB 8/IFRS 8 Operating Segments can be described as being:


A) more closely aligned to other accounting standards.
B) preferred in the European Union to its predecessor.
C) less prescriptive.
D) less onerous in terms of disclosure.

Correct Answer:

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