AASB 8 allows reportable segments to be combined as a single operating 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.

Question

AASB 8 allows reportable segments to be combined as a single operating 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.

Quizplus · Accepted Answer

The Answer of AASB 8 allows reportable segments to be combined as a single operating 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.

AASB 8 Allows Reportable Segments to Be Combined as a Single