One of the advantages of AASB segment reporting is?
A) all segments are reportable
B) provides full disclosure of the entity's activities
C) highlights the performance of the different entity activities
D) increased rules based reporting

Question

Quizplus · Accepted Answer

Segment reporting under AASB standards allows for the highlighting of the performance of different activities within an entity, providing valuable information to investors, analysts, and other stakeholders about which parts of the business are performing well and which are not. This is because it requires the disclosure of financial and descriptive information about an entity's reportable segments.

One of the Advantages of AASB Segment Reporting Is