The Guidelines to Determine That a Segment Is Reportable in Accordance

question 42

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.
• E) None of the given answers.

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Definitions:

Teamwork

The process of people actively working together to accomplish common goals.

Mentoring Systems

Programs that facilitate the guidance and professional development of individuals within organizations through mentor relationships.

Performance Feedback

Information provided to individuals or teams about the quality of their work output, aiming to reinforce strengths and address areas needing improvement.

Entrepreneurial Tendencies

Characteristics or inclinations towards initiating new businesses, taking risks, and innovating in response to market opportunities.