AASB 8 Allows Reportable Segments to Be Combined as a Single

question 55

True/False

AASB 8 allows reportable segments to be combined as a single reportable business or geographical segment if: (a)they exhibit similar long-term financial performance; and (b)they are similar in all of the appropriate factors identified in the Standard in relation to segment revenues,expenses,assets and liabilities:

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Definitions:

Late Adulthood

The stage in human development that follows middle age and lasts until the end of life, focusing on retirement, health issues, and often a reflection on life achievements.

Heart Disease

A range of conditions that affect the heart, including coronary artery disease, arrhythmias, and congenital heart defects.

Cause Of Death

is the specific reason or condition leading to an individual's death, often determined by medical examination and listed on a death certificate.

Developmental Stage

A distinct phase within the human lifespan where specific physical, cognitive, or social milestones are typically achieved.