Part A

You are the accountant of Green Valley Berhad. Green Valley Berhad is a Malaysian listed company that

engages in several business segments. You have briefed the board of directors on the operating segments

from the perspective of MFRS 8: Operating Segments. However, the board of directors require more

information on how the reportable segments should be aggregated.

Required:

Do a note to explain the 5 (five) criterions to aggregate the reportable segment. Provide one example

for each of the criteria.

(15 marks)

Part B

Lemon Berhad is having two assets namely investment in Mango Berhad and investment properties in

Petaling Jaya.

The professional valuer has furnished the price of the identical investment properties in Petaling Jaya and

market rental data. However, the directors were not agreed on the valuation report, arguing that the usage

of the investment properties was different.

The directors were not sure on what should be used for both assets. Thus, the directors decided to use top

management judgement to measure the fair value of investment in Manggo Berhad and investment

properties.

Required:

As the consultant for Lemon Berhad, advise how Lemon Berhad should measure the investment in

Manggo Berhad and investment properties, in compliance with the MFRS13; Fair Value Measurement.

(9 marks)