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IFRS 8 requires the disclosure of certain key information such as an organization's major customers and geographic areas of operations. Why are these disclosures required?
IFRS 8 requires the disclosure of certain key information such as an organization's major customers and geographic areas of operations. Why are these disclosures required? To provide sufficient information to creditors To allow users to see that the poor performance of one segment is usually offset by the good performance of other segments To allow users to assess potential business risks To demonstrate that the chief operating decision-maker has made prudent decisions
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