IFRS 8 Prescribes That an Operating Segment Must Be Identified

question 10

Multiple Choice

IFRS 8 prescribes that an operating segment must be identified on the basis of: Leaning Objective 18.4 Briefly compare IFRS 8 with its predecessor standard IAS 14.

• 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:

Cable Internet Connectors

Hardware used to connect computers or routers to broadband internet service via coaxial cables.

Cable TV

A television broadcasting service delivered to subscribers via coaxial or fiber-optic cables.

Network Attached Storage

A dedicated file storage device connected to a network, allowing multiple users and client devices to retrieve data from centralized disk capacity.

Automatically Backup

Automatically backup refers to the process of copying data to a secondary location without manual intervention, ensuring data preservation in case of device failure or data loss.