The Following Segment Information Is Presented for Hobbitt LtD

question 27

Multiple Choice

The following segment information is presented for Hobbitt LtD.

There are no inter-segment sales. Which segments are reportable according to the guidelines provided in AASB 114?

• A) Business segments: Retailing, light manufacturing, mining, marine transport, general insurance; Geographical segments: Australia, Europe, US.
• B) Business segments: Retailing, marine transport; Geographical segments: Australia, US.
• C) Business segments: Light manufacturing, mining, marine transport, general insurancE. Geographical segments: Australia, US.
• D) Business segments: Retailing, mining, marine transport; Geographical segments: Australia, US.
• E) None of the given answers.

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Definitions:

Sampling Error

The discrepancy between a sample statistic and its corresponding population parameter, arising purely by chance because the sample is not a perfect representation of the population.

Nondirectional Research Hypothesis

A hypothesis suggesting a correlation between variables without defining the nature of their interaction.

Generalizability

The extent to which the findings from a study can be applied to a wider population or different contexts.

Null Hypothesis

A statement that asserts there is no effect or no difference, and it is the hypothesis that researchers aim to test against.