The Following Information Relates to All Industrials Ltd and Its

question 17

Multiple Choice

The following information relates to All Industrials Ltd and its operating segment (in $'000s) : $$\begin{array} { | l | r | r | r | r | r | r | } \hline & { \text { Retail } } & { \text { Agriculture } } & { \text { Brewing } } & \text { Chemicals } & \text { Transport } & \text { Total } \\\\\hline \text { Segment revenues } & & & & & & \\\hline \text { External } & 1100 & 1500 & 320 & 215 & 100 & 3235 \\\hline \text { Other segments } & 150 & 200 & 28 & 41 & 40 & 459 \\\hline \text { Segment results } & 220 & 127 & ( 30 ) & ( 360 ) & ( 20 ) & ( 63 ) \\\hline \text { Segment assets } & 360 & 260 & 50 & 50 & 51 & 771 \\\hline\end{array}$$ Which operating segments are considered to be reportable under AASB 8 using the absolute amount of its reported profit or loss qualitative threshold?

• A) all segments
• B) retail and agriculture
• C) retail, agriculture and brewing
• D) retail, agriculture and chemicals

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Definitions:

Major Organic Product

In a chemical reaction, the organic product that is formed in the greatest amount, typically favored by the reaction conditions or kinetics.

Iodomethane

An organoiodine compound with the chemical formula CH3I, used in various chemical reactions.

Reaction Rate

The rate at which substances change into different substances in a chemical process.

Resonance Structures

Different Lewis structures that represent the same molecule, showing the delocalization of electrons.