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The disclosure of information about products and services, geographical locations and major customers is required under AASB8 Operating segments .
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Question

The disclosure of information about products and services, geographical

locations and major customers is required under AASB8 Operating segments. Why is this information beneficial to users of financial statements?


Why are the disclosures under this standard less prescriptive than other standards in accounting?
 

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Subject: Accounting, Business

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