1. Define operating segments & explain the term 'Chief Operating Decision Maker'. 2. Explain the "aggregation" of two or more operating segments to constitute a "single operating segment". 3. Discuss the quantitative threshold of identifying an operating segment? 4. Explain the "75% of the entity revenue" threshold of identifying operating segments. 5. Discuss the disclosure requirement of IFRS 8. 6. Explain criticism and IFRS analysis points. 7. AB Ltd, a private limited company that has the following business segments which are reported in its financial statements. AB Ltd is an international car manufacturing group which reports to management on the basis of regions for the internal reporting purposes. It does not currently report segmental information as required by IFRS 8 Operating segments. The results of the regional segments for the year ended 31 December 2018 are as follows. Segment Segment Segment Profit(Loss) Region External Internal Assets Sm Sm Sm $m 200 South Asia 6 (20) 600 East Asia 800 4 120 1,600 Middle East 1,000 10 210 4,000 Required Explain the requirements in IFRS 8 Operating segments for the determination of a company's reportable operating segments and how these requirements would be applied for AB Ltd using the information given above in the financial statements for the year ended 31 December 2018. 8. An entity has identified the following business components A B D E F 220 300 75 55 60 710 External Revenue Internal Revenue Profit 60 15 5 10 90 60 50 20 -11 14 133 Assets 5,000 4,000 300 300 400 10,000 -e ECEI2 Required Explain the requirements in IFRS 8 Operating segments for the determination of a company's reportable operating segments and which of the segments A-E should be reported upon