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IFRS 8: OPERATING SEGMENTS ( QUIZ 001 )

Answers:
01.  Companies whose debt or securities are not quoted on stock market and also are not under process to be quoted are also required to disclose segment information as per IFRS 8.
02.  Head office is not an operating segment.
03.  Two or more operating segments having different nature of products and services are not allowed to be aggregated in one operating segment.
04.  In consolidated financial statements.
05.  Are not reporting segment
06.  True
07.  It can be reported and disclosed separately if management believes that doing this can be useful for user of financial statements.
08.  Segment with 5% revenue (external and internal) of total revenue of the all segment (Internal and external)
09.  True



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