Consider ABC Inc's Most Recent Segment Results Required:
Which of the Above Segments Would Be Reportable as l

question 78

Essay

Consider ABC Inc's most recent segment results: $$\begin{array} { | l | l | l | l | } \hline \text { Segmen } & \text { Revenues } & \text { Assets } & \text { rofits } \\\hline \text { A } & 2000 & 500 & 500 \\\hline B & 300 & 2000 & 200 \\\hline C & 200 & 500 & 100 \\\hline D & 3000 & 5000 & 300 \\\hline & & & \\\hline \text { Totals: } & \mathbf { 5 5 0 0 } & \mathbf { 8 0 0 0 } & \mathbf { 1 1 0 0 } \\\hline\end{array}$$ Required:
Which of the above segments would be reportable as per IFRS 8?

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Definitions:

Underground Deposits

Natural accumulations of minerals, oil, gas, or water located beneath the earth's surface which can be extracted for use or sale.

Depletion Expense

An accounting and tax concept used to allocate the cost of extracting natural resources from the Earth over the period of extraction.

Extracted

Removed or taken out, often referring to the process of obtaining specific data or substances from a larger set or material.

Sold

Refers to the completion of a transaction where goods or services are exchanged for payment.