Under AASB 8 we must always report the amount of segment net assets - the difference between segment assets and segment liabilities

Name: Under AASB 8 we must always report the amount of segment net assets - the difference between segment assets and segment liabilities
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Question

Quizplus · Accepted Answer

AASB 8 does not mandate the disclosure of segment net assets; it requires the disclosure of segment revenues, segment results, and certain other information, but not specifically the net assets of each segment.

Under AASB 8 We Must Always Report the Amount of Segment