CAF-6 · Chapter 6 · Question 7 of 15
Which of the following must be disclosed for each reportable segment under IFRS 8?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) A measure of segment profit or loss.
Explanation
IFRS 8 requires disclosing a measure of profit or loss for each reportable segment as reviewed by the CODM.
More IFRS 8 Operating Segments MCQs
- Q9How should an entity handle segments that do not meet any of the 10% thresholds?
- Q10If an entity has a matrix organizational structure where several managers are responsible for different facets of the business, who is the…
- 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: