Two or More Operating Segments May Be Aggregated into a Single

question 59

True/False

Two or more operating segments may be aggregated into a single operating segment if aggregation is consistent with the core principle of AASB 8,or the segments have similar economic characteristics,or the segments are similar in the nature of the products and services.

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Definitions:

Privatization

The process of transferring ownership or operation, particularly of public services or assets, to private sector entities.

Symbolism

Involves the use of symbols to represent ideas or qualities in literature, art, and other forms of expression.

Public Nature

Characteristics or attributes that are not private, belonging to or affecting the community or society at large.

Rates of Imprisonment

The proportion or number of individuals within a population who are confined in prison.