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AASB 8 Bans the Disclosure of Segments That Do Not

question 69

True/False

AASB 8 bans the disclosure of segments that do not pass the '10 per cent test'.


Definitions:

Ideal Views

The conceptions or perceptions of perfection or high standards in certain situations, often used as benchmarks or aspirations.

Fully Functioning Person

A term in humanistic psychology describing an individual who is living in tune with their deepest feelings, desires, and impulses, achieving self-actualization and personal growth.

Unconditional Positive Regard

A practice in client-centered therapy involving the therapist offering the client acceptance and support regardless of what the client says or does.

Authentic Person

An individual who lives in alignment with their true self, values, and beliefs, without pretending to be someone they're not.

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