CIMA Exam CIMAPRA19-F02-1 Topic 1 Question 86 Discussion

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

Question #: 86
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 Julie at May 01, 2024, 11:48 PM

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Elouise

6 months ago

We should make sure, but True feels correct given the rules on financial transparency.

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Noble

6 months ago

True does seem logical given the segment reporting requirements.

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Tamesha

6 months ago

I recall something similar from my studies. I’m gonna go with True.

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Leonida

6 months ago

I’m not sure. The 15% threshold part sounds right, but I don’t remember the 80% part.

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Elouise

7 months ago

Yeah, I think that's correct. I'm leaning towards True.

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Noble

7 months ago

I found this question tricky. Do operating segments really need to cover 80% of total revenue?

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