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Q.No.2: IFRS 8 Operating Segments has adopted Management Approach to identify reportable segment verses Risk and Return Approach of the IAS 14 (Superseded). However, the

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Q.No.2: IFRS 8 Operating Segments has adopted "Management Approach to identify reportable segment verses "Risk and Return Approach of the IAS 14 (Superseded). However, the Management Approach is subject to criticism as this approach has some disadvantages. Discuss the problems with regard to "Management Approach' for identification of reportable segment

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