Which of the following is not one of the criteria management should consider in determining whether business activities and environments of an operating segment are similar?
A) The geographical location of the operations.
B) The nature of the production process.
C) The distribution methods.
D) The nature of the regulatory environment, if applicable.
E) The type or class of customer.

Question

Quizplus · Accepted Answer

Geographical location is not a criterion for determining the similarity of business activities and environments of an operating segment according to IFRS 8 or ASC 280. The focus is on the nature of products, production processes, distribution methods, regulatory environment, and customer type.

Which of the Following Is Not One of the Criteria