CIMAPRA19-F02-1 Exam - Topic 1 Question 68 Discussion

Actual exam question for CIMA's CIMAPRA19-F02-1 exam

Question #: 68
Topic #: 1

Operating segments are separately reportable where they exceed 15% of revenue / profits / assets. These must in total cover 80% of total revenue. Is this statement true or false?

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

by Loreta at Mar 29, 2023, 09:50 PM

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Felice

7 months ago

Nope, it’s definitely true.

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Lanie

7 months ago

False, I thought it was 10% for segments.

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Misty

7 months ago

Wait, are you sure about the 80% part? Sounds off.

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Luisa

7 months ago

I agree, it’s all about that 15% threshold!

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Eladia

8 months ago

True, that's the rule for segment reporting.

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Krissy

8 months ago

I thought the statement was false because I remember there being some exceptions or different criteria for certain industries.

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Geoffrey

8 months ago

I recall that the 15% figure applies to revenue, profits, and assets, but I can't remember if they all need to be included for the 80% rule.

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Alex

8 months ago

I'm not entirely sure, but I feel like the 80% coverage rule is correct. It sounds familiar from practice questions.

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Cherry

8 months ago

I think the statement is true because I remember something about the 15% threshold for reporting segments.

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Paola

8 months ago

Okay, let me think this through. It's asking about configuring email alerts in PTA, so I'll need to focus on the PTA-specific utilities.

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Peggy

8 months ago

Hmm, I'm not entirely sure about this one. I'll need to think it through carefully. Maybe I should review the material on evidence management again.

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