The 75% threshold relating to revenue refers to external revenue. Explain what is meant by external revenue

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The 75% threshold relating to revenue refers to ‘external revenue’. Explain what is meant by external revenue and how a segment could generate revenue that is not external.

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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Question Posted: Apr 08, 2024 11:01 PM

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The 75% threshold relating to revenue refers to external revenue. Explain what is meant by external revenue

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Applying the definition in AASB 118IAS 18 revenue is the gross inflow of econo...View the full answer

Financial Reporting

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