Consider the Following List of Operating Segments and Segment Results

question 20

Multiple Choice

Consider the following list of operating segments and segment results for the current reporting period relating to Legolas Ltd,and answer the question below. $$\begin{array} { | l | r | } \hline \text { Operating segment } & \begin{array} { l } \text { Segment assets } \\\text { profit (loss) in \$ }\end{array} \\\hline \text { Paper products } & 317000 \\\hline \text { Office products } & ( 150000 ) \\\hline \text { Publishing } & ? \\\hline \text { Multimedia } & ( 880000 ) \\\hline \text { Other operations } & 75000\\\hline\end{array}$$ What is the minimum loss (rounded to the nearest $1000) that the publishing segment could have made for that segment to be considered a reportable segment according to AASB 8?

• A) ($39 000)
• B) ($114 000)
• C) ($103 000)
• D) ($142 000)

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Definitions:

Continuous Schedules

Work schedules or production plans that operate non-stop, typically 24 hours a day, often applied in industries that require constant operation.

Extinction

Also a term from reinforcement theory, extinction refers to the situation in which a behavior is followed by no consequences and eventually disappears.

Underpayment Inequity

A situation where a person perceives that they receive less compensation than they deserve, compared to others in similar positions.

Reduce Inputs

A cost-saving and efficiency strategy which focuses on lowering the resources (such as materials, labor, and energy) used in the production process.