The IASB's Segment Reporting Standard IAS 14

question 32

Multiple Choice

The IASB's segment reporting standard IAS 14

• A) gives management more discretion to identify geographic segments.
• B) bases its requirements on the company's organization structure and internal reporting system.
• C) contradicts proposals for reform issued by the FASB.
• D) restricts the criteria for identifying segments to assessing "risks and returns".

---

Definitions:

Species-Typical Behaviors

Innate or instinctual behaviors that are characteristic of and common to all members of a particular species.

Study Of Behavior

The scientific investigation of actions and reactions of organisms, often focusing on humans or animals.

Psyche

The human mind or soul, often used to refer to the mental and emotional aspects of an individual.

Aristotle

An ancient Greek philosopher and scientist whose works covered a wide range of subjects and laid the groundwork for many areas of Western philosophy and science.