AASB 8 Requires Which of the Following Information to Be

question 46

Multiple Choice

AASB 8 requires which of the following information to be disclosed about major customers?

• A) customer identity
• B) revenues when greater that 10 per cent of an entity's revenue
• C) amount of revenues for each segment
• D) revenue history

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Definitions:

Carrying Capacity

The maximum number of individuals of a particular species that an environment can support sustainably, based on the available resources.

Environmental Sustainability

The principle of maintaining ecological balance by avoiding depletion of natural resources, ensuring long-term environmental health.

Point Source Pollutant

Pollution emanating from a single identifiable source, such as a pipe, ditch, ship, or factory smokestack.

Renewable Resources

Natural assets that can regenerate and sustainably yield benefits, like biomass and geothermal heat.