Gandulf Ltd provides the following segment information:
Which of the segments are reportable applying only the segment asset test?
A) Business segments: Industrial manufacturing, project consulting, mechanical engineering; Geographical segments: Australia, US.
B) Business segments: Industrial manufacturing, mechanical engineering; Geographical segments: Australia.
C) Business segments: Mechanical engineering; Geographical segments: Australia.
D) Business segments: Industrial manufacturing, project consulting, mechanical engineering, retailing, agriculture; Geographical segments: Australia, US.
E) None of the given answers.
Correct Answer:
Verified
Q6: AASB 8 Operating Segments requires reconciliation of
Q7: IAS 8 was issued as part of
Q14: For a segment to be reportable,AASB 8
Q16: Identification of operating segments in AASB 8
Q20: Managers may choose to provide segment data
Q23: Segment expenses as not including:
A) Joint venturer's
Q25: Situations in which aggregated data may be
Q32: Segment revenues as not including:
A) Interest earned
Q34: Examples of segment assets may include:
A) Intangible
Q38: Potential costs of providing segment information include:
A)
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