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QUESTION 28 The aim of segment reporting is to provide entity stakeholders with the information required...

QUESTION 28

  1. The aim of segment reporting is to provide entity stakeholders with the information required to:

    have a better understanding of the entity’s past performance.

    make a more informed assessment of the entity’s risks and returns.

    make more informed judgments about the performance and position of the entity as a whole.

    all of the above.
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Answer #1

Answer: 4. All of the above

Reason:

The main objective of segment reporting is to provide stakeholders about future cashflows its risks and rewards and better understanding of companys performance and position as a whole

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