Asked by Erick Varela on Jun 07, 2024

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There is certain information that reportable segments are required to disclose only if that information is regularly reviewed by the chief operating decision-maker. Which of the following must be disclosed even if it is not regularly reviewed by the chief operating decision-maker?

A) Measure of profit/loss
B) Amortization and depreciation
C) Income tax expense/benefit
D) Interest revenue and expense

Chief Operating Decision-maker

An individual or group within an organization responsible for making strategic decisions affecting the company's financial performance and operations.

Profit/Loss

The financial result of an entity's operating and non-operating activities over a specific period, indicating net earnings or losses.

  • Ascertain the critical information that must be disclosed for operating segments pursuant to IFRS 8 standards.
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SW
Shay-La WinnsJun 12, 2024
Final Answer :
A
Explanation :
The measure of profit/loss is a required disclosure for reportable segments regardless of whether it is regularly reviewed by the chief operating decision-maker. The other options listed may only need to be disclosed if they are regularly reviewed by the chief operating decision-maker.