The Following Information Relates to Gimli Ltd and Its Elrond

question 31

Multiple Choice

The following information relates to Gimli Ltd and its Elrond segment: In accordance with AASB 8 Operating Segments,in which years is the Elrond segment a reportable segment?

• A) 2011, 2012 and 2013
• B) 2012, 2013 and 2014
• C) 2012 and 2014
• D) 2011 and 2015

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Definitions:

Office Operations

The day-to-day activities and practices that ensure the smooth functioning of an office environment.

Health Coverage

Insurance that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.

Inductive Reasoning

A reasoning method where several assumptions, considered or proven to be true frequently, are merged to reach a particular conclusion.

Deductive Reasoning

A logical process where conclusion is based on the concordance of multiple premises that are generally assumed to be true.