In Accordance with AASB 8"Operating Segments",which of the Following Statements

question 17

Multiple Choice

In accordance with AASB 8"Operating Segments",which of the following statements is incorrect?

• A) If the total external revenue reported by operating segments constitutes less than 75 per cent of the entity's revenue, additional operating segments shall be identified as reportable segments until at least 75 per cent of the entity's revenue is included in reportable segments.
• B) Operating Segments that are not reportable are combined and disclosed as part of 'all other segments'.
• C) If management judges that an operating segment identified as a reportable segment in the immediately preceding period is of continuing significance, information about that segment shall continue to be reported separately in the current period even if it no longer meets the criteria for a reportable segment.
• D) Identification of operating segments in AASB 8 "Operating Segments" adopts a 'rules-based' approach, while its predecessor AASB 114 "Segment Reporting" adopts a 'principles-based' approach.
• E) None of the given answers

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Measures or protocols implemented to protect people, information, or assets from harm or damage.

Teens

Individuals who are in the age group typically ranging from 13 to 19 years, undergoing the transitional stage of adolescence.

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The regular and reliable employment of a tool, technique, or practice, typically to achieve a specific outcome or maintain a standard.

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The frequency of new cases of sexually transmitted infections within a defined population over a specified period of time.