alleryStart learning →The result test compares a segment's result with which combined amount?
ALarger of total profits or losses
BCombined assets of segments
CEnterprise net profit for year
DCombined revenue of segments
Answer & Solution
Correct answer: A. Larger of total profits or losses
The 10 per cent is applied to the combined profit or combined loss of all segments, whichever is greater in absolute terms.
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