The Chief Accountant of TT Ltd. gives the following data regarding its six segments: Particulars M N O P Q R Total Segment Assets 9 9 55 9 9 9 100 Segment Results -19 -162 18 10 -19 10 -162 Segment Revenue 161 29 29 28 2

CS Executive · Corporate and Management Accounting · PYQS · December 2020
The Chief Accountant of TT Ltd. gives the following data regarding its six segments: Particulars M N O P Q R Total Segment Assets 9 9 55 9 9 9 100 Segment Results -19 -162 18 10 -19 10 -162 Segment Revenue 161 29 29 28 27 26 300 The Reportable Segments as per AS 17 are:
(A) M, N
(B) M, N, O
(C) M, N, O, P
(D) M, N, O, P, R

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Financial Accounting

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