Operating Profits and Losses for the 4 Industry Segments of Brittle

question 55

Multiple Choice

Operating profits and losses for the 4 industry segments of Brittle Company are asfollows: $$\begin{array} { l r } \text { Candy } & ( \$ 590,000 ) \\\text { Stix } & \$ 20,000 \\\text { Chips } & \$ 85,000 \\\text { Gum } & \$ 9,000\end{array}$$ Brittle Company uses IFRS for its external financial reporting. Using only the operating profits (loss) test, which of the segments are reportable?

• A) Under IFRS, all four segments must be reported.
• B) Stix, Chips, and Gum only.
• C) Candy and Chips only.
• D) Candy only.

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