Use the materiality criterion in aasb 8 operating-segments to determine whether which of the divisions are reporting business segments. show all supporting information clearly identifying why.

	Revenue (all external)	Profit/Loss	Assets	Liabilities
Mining	100 000	(57 000)	61 000	40 000
Food	13 000	(7 000)	31 000	18 000
Hotels	12 000	2 000	14 000	7 000
Travel	17 000	3 000	41 000	20 000
	142 000	(59 000)	147 000	85 000

Answer rating: 100% (QA)

To determine which divisions are reporting business segments based on the materiality criterion in AASB 8 Operating Segments we need to consider the q... View the full answer