Under IFRS 8, Which of the Following Criteria Is NOT

question 41

Multiple Choice

Under IFRS 8, which of the following criteria is NOT considered by all segments that are considered reportable business segments?

• A)The segment must have revenue that is one-tenth or more of combined revenue.
• B)The segment must have profit that is 10% or more of combined profit of all segments with profit.
• C)The segment must have revenue that is more than half from external sources.
• D)The segment must have assets that are 10% or more of combined segment assets.

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Definitions:

Environment

Encompasses all external conditions and influences affecting the life and development of an organism or population.

Nature-Nurture

The debate regarding the relative importance of an individual's innate qualities ("nature") versus personal experiences ("nurture") in determining or causing differences in physical and behavioral traits.

Heredity

Inheriting physical or mental characteristics through genetics from ancestors to descendants.

Environment

Surroundings or conditions in which an organism lives or operates, influencing its growth, development, and behavior.