Which of the Followings Are the Requirements Under AASB 8

question 12

Multiple Choice

Which of the followings are the requirements under AASB 8?
$$\begin{array} { | l | l | l | l | } \hline \text { I. } & \begin{array} { l } \text { Identifying primary and secondary } \\\text { segments. }\end{array} & \text { N. } & \begin{array} { l } \text { Identifying operating segments based on } \\\text { predominant sources of risks and returns. }\end{array} \\\hline \text { II. } & \begin{array} { l } \text { Disclosure of reliance on major external } \\\text { customers. }\end{array} & \text { V. } & \begin{array} { l } \text { Prepar ing segment information in } \\\text { conformity with accounting policies for } \\\text { prepar ing financial statements. }\end{array} \\\hline \text { III. } & \begin{array} { l } \text { Disclosure of a measure of profit or loss } \\\text { and total assets. }\end{array} & \text { V. } & \begin{array} { l } \text { Does not distinguish between revenues } \\\text { and expenses from internal and external } \\\text { customers. }\end{array} \\\hline\end{array}$$
Enues and expenses from internal and external customers.or preparing financial statements.

• A) I, II, III.
• B) II, IV, VI.
• C) I, III, V.
• D) II, III, VI.

---

Definitions:

Social Trap

A situation in which the conflicting parties, by each rationally pursuing their self-interest, become caught in mutually destructive behavior.

Mere Exposure Effect

A psychological effect in which people show a preference for items or concepts they recognize simply because they know them.

Two-factor Theory of Emotion

A psychological theory that proposes emotions are based on physiological arousal and cognitive labeling of that arousal.

Aerobic Exercises

Physical exercises that involve or improve oxygen consumption by the body, enhancing cardiovascular conditioning and endurance.