The Guidelines to Determine That a Segment Is Reportable in Accordance

question 24

Multiple Choice

The guidelines to determine that a segment is reportable in accordance with AASB 8 Operating Segments includes:

• A) The segment's assets are equal to or greater than 10 per cent of the entity's total assets.
• B) The expenses of the segment that relate to external sales are equal to or greater than 10 per cent of total segment expenses.
• C) The segment's assets are 10 per cent or more of the combined assets of all operating segments.
• D) The expenses of the segment that relate to external and internal sales are equal to or greater than 10 per cent of total segment expenses.

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Definitions:

Discrete Entries

Individual, distinct records or data points entered into a system or ledger, not continuous but separate or detached from each other.

Publicly Accessible

Refers to spaces, information, or resources that are openly available to the general public without restrictions.

Mobile Messaging Apps

are applications designed for smartphones and tablets that enable users to send text messages, images, videos, and voice messages over the internet.

E-commerce

The buying and selling of goods and services through electronic platforms, such as the internet, enabling transactions over digital networks.