AASB 8 Requires That

question 14

Multiple Choice

AASB 8 requires that:

• A) Reportable segments must individually constitute less than 75 per cent of the entity's total revenues.
• B) The total revenues attributable to the reportable segments must be equal to or greater than 75 per cent of the entity's total revenues.
• C) The total external revenues attributable to reportable segments must equal at least 75 per cent of the entity's total revenues.
• D) The sum of the individual reportable segment's profits or losses must be equal to or greater than 75 per cent of the entity's absolute amount of profit or loss.
• E) None of the given answers.

---

Definitions:

Grand Mean

The mean of means, calculated by taking the average of several group means.

Completely Randomized

A design in experiments where all subjects have an equal chance of being assigned to any group or treatment.

Factorial Design

An experimental strategy used to test the effect of two or more variables across multiple levels simultaneously.

Statistical Conclusions

Inferences or deductions made from statistical tests about the data or population parameters.