Consider the following list of operating segments and segment results for the current reporting period relating to Legolas Ltd, and answer the question below.

What is the minimum loss (rounded to the nearest $1,000) that the Publishing segment could have made for that segment to be considered a reportable segment according to AASB 8?
A) ($39,000)
B) ($114,000)
C) ($103,000)
D) ($142,000)
E) None of the given answers.

Question

Consider the following list of operating segments and segment results for the current reporting period relating to Legolas Ltd, and answer the question below.

What is the minimum loss (rounded to the nearest $1,000) that the Publishing segment could have made for that segment to be considered a reportable segment according to AASB 8?
A) ($39,000) 
B) ($114,000) 
C) ($103,000) 
D) ($142,000) 
E) None of the given answers.

Quizplus · Accepted Answer

The Answer of Consider the following list of operating segments and segment results for the current reporting period relating to Legolas Ltd, and answer the question below.

What is the minimum loss (rounded to the nearest $1,000) that the Publishing segment could have made for that segment to be considered a reportable segment according to AASB 8?
A) ($39,000) 
B) ($114,000) 
C) ($103,000) 
D) ($142,000) 
E) None of the given answers.

Consider the Following List of Operating Segments and Segment Results