Public Corporation, a listed company, has five segments: logistics, warehousing, engineering, manufacturing, and consultancy. The following information
Question:
Public Corporation, a listed company, has five segments: logistics, warehousing, engineering, manufacturing, and consultancy. The following information for the year ended 31 December 20x9 is available, and there are no significant intercompany balances in the segment assets and liabilities.
Required:
1. Which segments would constitute a “reportable” segment under IFRS 8 as at 31 December 20x9?
2. How is segment reporting useful for risk assessment?
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Related Book For
Advanced Financial Accounting An IFRS Standards Approach
ISBN: 9781285428765
4th Edition
Authors: Pearl Tan, Chu Yeong Lim, Ee Wen Kuah
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