Question
The Chief Operating Decision Maker (CODM) of Biskit Pty Ltd share the following information reported to him by several segments of its subsidiary for the
The Chief Operating Decision Maker (CODM) of Biskit Pty Ltd share the following information reported to him by several segments of its subsidiary for the year ended 31 December 2021:
Sales Profit Loss Assets
P P P P
Cookies 350 000 150 000 - 250 000
Chocolates 250 000 - 175 000 500 000
Nuts 1,150 000 - 500 000 750 000
Croissants 450 000 - 225 000 300 000
Danish 400 000 100 000 - 500 000
Rusks 2 000 000 1 350 000 - 500 000
4 600 000 1 600 000 900 000 2 800 000
a. Required:
From the above information indicate in line with IFRS 8 which segments will be reportable in quantitative thresholds.
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