Atkinson Company is a business that has six segments. It does not currently report segmental information under
Question:
Atkinson Company is a business that has six segments. It does not currently report segmental information under IFRS 8 Operating Segments. The results of the segments for the year ended 31 December 2011 are as follows: (All figures are in millions of USD).
Segment | Revenue (all External) | Segment Results Profits (loss) | Segment assets |
Accounting | 98 | (24) | 117 |
Office Equipment | 72 | (16) | 10 |
Academic Supplies | 54 | 10 | 12 |
Medical | 182 | 22 | 116 |
Supermarkets | 42 | (22) | 8 |
Vehicles | 333 | 88 | 91 |
Which of the following statements is True ?
Select one:
a. Office Equipment, Medical and Academic Supplies are the Reportable Segments and the remaining are combined under the All Other Category.
b. Accounting, Medical, Vehicles and Office Equipment are the Reportable Segments and the remaining are combined under the All Other Category.
c. Academic Supplies, Office Equipment, Medical, Supermarkets and Vehicles are Reportable and the remaining are combined under the All Other Category.
d. None of the answers is correct.
e. Accounting, Academic Supplies, Vehicles and Office Equipment are the Reportable Segments and the remaining are combined under the All Other Category.
Which of the following statements is True ?
Select one:
a. The "All Other" category includes the Academic Supplies segment only
b. The "All Other" category includes only the Supermarkets segment
c. The "All Other" category includes only the Academic Supplies and Vehicles segments
d. None of the answers is correct
e. The "All Other" category includes only the Medical segment
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon