CAF-6 · Chapter 6 · Question 9 of 15
How should an entity handle segments that do not meet any of the 10% thresholds?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) They are combined and disclosed in an 'all other segments' category.
Explanation
Information about other business activities and operating segments that are not reportable shall be combined and disclosed in an 'all other segments' primary category.
More IFRS 8 Operating Segments MCQs
- Q11IFRS 8 uses a specific approach for segment reporting. What is this approach called?
- Q12An entity must provide reconciliations of the total of reportable segments' measures to the entity's amounts. Which of the following does…
- Q13According to IFRS 8, segment information must be reported based on:
- Q14In identifying its segments, Zenith Ltd has 12 operating segments. Management believes that showing 12 segments would be too detailed for…
- Q15Which of the following entities are REQUIRED to apply IFRS 8?