CAF-6 · Chapter 6 · Question 10 of 15
If an entity has a matrix organizational structure where several managers are responsible for different facets of the business, who is the CODM?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) It depends on which set of components is used for allocating resources and assessing performance.
Explanation
In matrix structures, management determines the operating segments based on the core internal reporting used by the CODM to allocate resources.
More IFRS 8 Operating Segments MCQs
- 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?
- Q1According to IFRS 8, which of the following is an 'Operating Segment'?
