Identifying reportable segments LO5, 6 The following information concerning eight operating segments has been
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Identifying reportable segments LO5, 6 The following information concerning eight operating segments has been presented to the CODM of a large retail company. Segment Total revenue Internal revenue External revenue A 60 5 55 B 45 — 45 C 30 — 30 D 15 — 15 E 12 — 12 F 10 — 10 G 18 10 8 H 5 — 5 All segments 195 15 180 Unallocated revenue 20 Total entity revenue 200 Required 1. Determine which of the segments A to H are reportable segments under AASB 8/IFRS 8. 2. Prepare a reconciliation of the total reportable segment revenue with the total revenue of the entity
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Related Book For
Financial Reporting
ISBN: 978-0730363361
2nd Edition
Authors: Janice Loftus ,Ken Leo ,Sorin Daniliuc ,Belinda Luke ,Hong Nee Ang ,Karyn Byrnes
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