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QUESTION 1 PLEASE ANSWER BOTH PARTS ( 10 MARK S) PART A - It can be argued that providing segment data leads to a competitive

QUESTION 1 PLEASE ANSWER BOTH PARTS ( 10 MARKS)

PART A - It can be argued that providing segment data leads to a competitive disadvantage for companies that are operating successfully. Evaluate this argument. ( 5 MARKS)

PART B - In terms of current Australian Accounting Standards what does the term material mean and why is it important? ( 5 MARKS )

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