The IASB's Segment Reporting Standard IAS 14

question 21

Multiple Choice

The IASB's segment reporting standard IAS 14

• A) gives management more discretion to identify geographic segments.
• B) has primary segment which has higher disclosure requirement.
• C) prohibits a matrix approach.
• D) restricts the criteria for identifying segments to assessing "risks and returns".

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Definitions:

Minister of Education

A government official responsible for national educational policy and administration, overseeing schools, curricula, and often higher education institutions.

Educational Processes

The methods and practices through which individuals acquire knowledge, skills, values, and attitudes in formal and informal settings.

Exclusivity Contracts

Legal agreements that restrict parties from engaging in similar agreements with others, often used in business to secure unique partnerships or market advantages.

Soft-Drink Manufacturers

Companies engaged in the production and sale of non-alcoholic beverages such as sodas, juices, or carbonated drinks.