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AASB 8 Allows Reportable Segments to Be Combined as a Single

Question 16

True/False

AASB 8 allows reportable segments to be combined as a single reportable business or geographical segment if: (a)they exhibit similar long-term financial performance; and (b)they are similar in all of the appropriate factors identified in the Standard in relation to segment revenues,expenses,assets and liabilities:

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