CAF-6 · Chapter 6 · Question 3 of 15
A segment is 'Reportable' if its reported revenue (including inter-segment sales) is what percentage or more of the combined revenue of all operating segments?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) 10%
Explanation
A segment is reportable if its reported revenue (including internal and external) is 10% or more of the combined revenue of all internal and external segments.
More IFRS 8 Operating Segments MCQs
- Q5If the total external revenue reported by reportable segments constitutes less than what percentage of the entity's total revenue…
- Q6Two or more operating segments may be aggregated into a single operating segment if they have similar economic characteristics and are…
- Q7Which of the following must be disclosed for each reportable segment under IFRS 8?
- Q8An entity must disclose information about 'Major Customers' if revenues from transactions with a single external customer amount to what…
- Q9How should an entity handle segments that do not meet any of the 10% thresholds?