Examlex
Which of the following accurately defines "empowerment"?
AASB 8
An Australian Accounting Standards Board regulation setting out the requirements for the disclosure of operating segments, products and services, geographical areas, and major customers in financial reports.
IFRS 8
An International Financial Reporting Standard that requires particular types of entities (chiefly those with publicly traded securities) to disclose information about their operating segments.
European Parliament
The legislative body of the European Union that is directly elected and works alongside the Council of the European Union to enact legislation.
Management Approach
A strategic method in accounting and reporting where the organization’s internal management framework influences the structure and content of its financial and sustainability reports.
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