Question: Kindly assist me FACULTY OF COMMERCE, MANAGEMENT AND LAW QUESTION 3 The following information was obtained from the segment information presented to the Chief Operating

FACULTY OF COMMERCE, MANAGEMENT AND LAW QUESTION 3 The following information was

Kindly assist me

FACULTY OF COMMERCE, MANAGEMENT AND LAW QUESTION 3 The following information was obtained from the segment information presented to the Chief Operating Decision Maker of H Limited and its subsidiaries for the year ended 31 December 2021: Segment A Segment B Segment C Segment D Segment E Segment F Total REQUIRED: Sales N$ 700 ooo 500 ooo 2 300 ooo 900 ooo 800 ooo 4 000 000 9 200 000 Profit Loss 300 000 250 ooo 1 ooo ooo 450 ooo 200 ooo 2 700 000 3 200 00 1 700 ooo a b Indicate which of the above segments will be reportable operating segments in terms of the quantitative thresholds laid down by par 13 of IFRS 8. What are operating segments and what is the criteria of arriving at operating segments Discuss the factors to be considered when deciding to aggregate operating segments Assets 500 ooo 1 000 000 1 500 ooo 600 ooo 1 ooo 000 1 ooo ooo 5 600 ooo MARKS 15 5 5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!