The guidelines to determine that a segment is reportable in accordance with AASB 8 Operating Segments includes:
A) The segment's assets are equal to or greater than 10 per cent of the entity's total assets.
B) The expenses of the segment that relate to external sales are equal to or greater than 10 per cent of total segment expenses.
C) The segment's assets are 10 per cent or more of the combined assets of all operating segments.
D) The expenses of the segment that relate to external and internal sales are equal to or greater than 10 per cent of total segment expenses.

Question

Quizplus · Accepted Answer

DAASB 8 Operating Segments specifies that a segment is reportable if its assets are 10 per cent or more of the combined assets of all operating segments (C), and if the expenses of the segment (including both external and internal sales) are equal to or greater than 10 per cent of total segment expenses (D). Choices A and B do not align with the specific thresholds and criteria set out in AASB 8 for determining reportable segments.

The Guidelines to Determine That a Segment Is Reportable in Accordance