Gains on the sale of investments only form part of segment revenue if:
A)the segment is involved in the development and sale of houses and apartments
B)they are internally reported to senior management as part of segment profit or loss
C)he segment is involved in activities primarily of a financial nature
D)and only if they relate to investments in associates

Question

Quizplus · Accepted Answer

Gains on the sale of investments are included in segment revenue if they are internally reported to senior management as part of the segment's profit or loss. This is because segment reporting should reflect the financial information that is provided to the chief operating decision maker for making decisions about allocating resources to the segment and assessing its performance.

Gains on the Sale of Investments Only Form Part of Segment