AASB 8 Requires a Number of Reconciliations to Be Presented,including

question 13

Multiple Choice

AASB 8 requires a number of reconciliations to be presented,including:

• A) Total segment financial expenses reconciled to total entity financial expenses.
• B) Total segment revenues reconciled to total entity revenues.
• C) Total segment assets reconciled to total entity assets.
• D) Total segment revenues reconciled to total entity revenues and total segment assets reconciled to total entity assets.
• E) None of the given answers.

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Definitions:

Segregation

The formal physical or social separation of dominant and minority groups.

Separatism

Voluntary structural and cultural isolation by minority groups from the dominant group.

Similar/Different

Terms used to compare and contrast features, indicating how things are alike or how they vary.

Segregation

The enforced separation of different racial groups in a country, community, or establishment.