AASB 8 Prescribes That an Operating Segment Must Be Identified

question 7

Multiple Choice

AASB 8 prescribes that an operating segment must be identified on the basis of:

• A) geographic location;
• B) predominant sources of risks and returns;
• C) the way information is reported internally to the CODM;
• D) the usefulness of financial information available to users.

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Definitions:

Type 2 Diabetes

A chronic condition characterized by high blood sugar levels due to the body's inability to effectively use insulin.

Cognitive Behavioral

A psychological approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic process.

Emotion-focused

A therapeutic approach aimed at helping individuals manage and cope with difficult emotions rather than attempting to directly change them.

Hypnosis

A trance-like state of focused attention, increased suggestibility, and heightened imagination, often used for therapeutic purposes.