AASB 8 Specifies Guidelines Regarding Whether or Not a Segment

question 3

True/False

AASB 8 specifies guidelines regarding whether or not a segment is reportable.These guidelines are known as the 10 per cent rules.All three rules are required to be met in order to establish a reportable segment.

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Definitions:

Weak Methodology

A reference to research or analytical approaches that possess limitations, flaws, or lack rigorous standards.

OD Interventions

Actions and processes applied in organizational development to improve an organization's effectiveness through planned change.

OD

Organizational Development, a field focused on interventions in the work processes and structures of an organization with the aim of improving its effectiveness and health.

Supervisors

Individuals in an organization responsible for overseeing the work of others and ensuring tasks are completed effectively.