IFRS 8 Adopts Which Approach to Report Segmented Financial Information

question 46

Multiple Choice

IFRS 8 adopts which approach to report segmented financial information?

• A)geographic approach
• B)business lines approach
• C)management approach
• D)asset test approach

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Definitions:

Temperance Movement

The Temperance Movement was a social and political campaign, originating in the 19th century, aimed at reducing or eliminating the consumption of alcoholic beverages.

Role of Women

The societal and cultural expectations, duties, rights, and positions held by women in a given community, which can vary widely based on historical, social, and cultural contexts.

1840s and 1850s

A period in American history characterized by westward expansion, the intensification of the slavery debate, and significant technological advancements.