Which of the following is NOT correct about aggregation criteria in accordance with IFRS 8?
A. Operating segments that do not meet any of the quantitative thresholds need to be aggregated with other segments regardless of management's judgement
B. Multiple segments may be aggreegated into a single operating segment if the segments have similar economic charateristics
C. An entity shall report separately information about an operating segment that meeds quantitative thresholds in IFRS 8
A. Operating segments that do not meet any of the quantitative thresholds need not to be aggregated with other segments regardless of management's judgement. According to IFRS 8, the criteria for aggregating operating segments are based on both qualitative and quantitative factors. Management's judgement plays a significant role in the aggregation process, and segments that do not individually meet the quantitative thresholds set out in IFRS 8 can still be aggregated if they share similar economic characteristics. Therefore, option A is NOT correct. Option B is correct, and option C is also in line with IFRS 8 requirements.
