For a segment to be reportable,AASB 8 requires that majority of revenues be earned from external parties and the segment satisfies one of the three quantitative thresholds.

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According to AASB 8, a segment is reportable if it meets the majority revenue test, which means that the segment earns the majority of its revenue from external parties, and satisfies one of the three quantitative thresholds.

For a Segment to Be Reportable,AASB 8 Requires That Majority