Which Operating Segments Are Considered to Be Reportable Under AASB

question 48

Multiple Choice

Which operating segments are considered to be reportable under AASB 8 using the segment revenue qualitative threshold?

• A) All segments are reportable.
• B) Retail and agriculture.
• C) Retail, agriculture and brewing
• D) Retail, agriculture and chemicals
• E) None of the given answers

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Definitions:

Store Open Hours

The schedule or times during which a retail business is open to the public for service or sales.

Personal Life

The aspects of an individual’s existence that pertain to their private, personal relationships, interests, and activities outside of their professional responsibilities.

Evening Hours

The period of the day typically considered to start from the late afternoon and extending through the evening, often outside standard business operating hours.

Location Difficulties

Challenges associated with the geographical positioning of a business that could impact its success or operations.