IFRS 8 Requires the Disclosure of Certain Key Information Such

question 4

Multiple Choice

IFRS 8 requires the disclosure of certain key information such as an organization's major customers and geographic areas of operations. Why are these disclosures required?

• A)To demonstrate that the chief operating decision-maker has made prudent decisions
• B)To allow users to assess potential business risks
• C)To provide sufficient information to creditors
• D)To allow users to see that the poor performance of one segment is usually offset by the good performance of other segments