Under AASB 8

question 8

Multiple Choice

Under AASB 8:

• A)disclosure is required of both reportable operating segments and geographic segments
• B)disclosure is required of reportable operating segments and neither requires nor prohibits the disclosure of geographic segments
• C)disclosure is required of reportable operating segments and disclosure of geographic segments is prohibited
• D)disclosure is required of reportable operating segments and disclosure of geographic segments is only required if they are significant

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Definitions:

Milgram

Refers to Stanley Milgram, a psychologist known for his experiment on obedience, demonstrating how far individuals would go to obey an authority figure.

Authoritarian Persons

Authoritarian Persons possess a personality type characterized by strict obedience to authority, favoring order and structure over personal freedom.

Highly Obedient

Describes individuals who strictly follow orders or commands from authorities, often without questioning.

Referent Power

A form of influence based on the leader's personal traits, where followers are drawn by admiration, respect, or identification with the leader.