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:

Main Effect

The direct impact of an independent variable on a dependent variable in an experimental design.

Model Sum

A statistical term used to describe the total sum of squares in a model, measuring the variation explained by the model.

Squares

In mathematics, squares refer to numbers that result from multiplying a number by itself, or geometrically, shapes with four equal sides and four right angles.

Two-way ANOVA

A method in statistics for examining how two nominal variables predict the behavior of a continuous response variable.