An operating segment under IFRS is identified as a reportable segment if a.its revenue is greater than 10% of the combined revenue of all the company's operating segments. b. its identifiable assets are greater than 10% of the combined assets of all operating segments. c. the absolute amount of its profit (loss) is 10% or more of the greater in absolute amount, of the combined operating segments' profit, or of the combined operating segments' loss. d. any of the above options are satisfied.
An operating segment under IFRS is identified as a reportable segment if a.its revenue is greater than 10% of the combined revenue of all the company's operating segments. b. its identifiable assets are greater than 10% of the combined assets of all operating segments. c. the absolute amount of its profit (loss) is 10% or more of the greater in absolute amount, of the combined operating segments' profit, or of the combined operating segments' loss. d. any of the above options are satisfied.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An operating segment under IFRS is identified as a reportable segment if
a.its revenue is greater than 10% of the combined revenue of all the company's operating segments.
b. its identifiable assets are greater than 10% of the combined assets of all operating segments.
c. the absolute amount of its profit (loss ) is 10% or more of the greater in absolute amount, of the combined operating segments' profit, or of the combined operating segments' loss.
d. any of the above options are satisfied.
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