If an Entity Presents Both Consolidated Financial Statements and Parent

question 18

Multiple Choice

If an entity presents both consolidated financial statements and parent entity financial statements in the same financial report, it must present:

• A) condensed segment data that includes revenue information only.
• B) segment data only on the basis of the parent entity financial statements.
• C) segment data only on the basis of the consolidated financial statements.
• D) segment information on the basis of both the consolidated and the parent financial information.

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Definitions:

Computerised Tomography

A medical imaging technique that uses computer-processed combinations of multiple X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing the user to see inside the object without cutting.

Positron Emission Tomography

A nuclear medicine functional imaging technique used to observe metabolic processes in the body as an aid to the diagnosis of disease.

Electrical Stimulation

A therapeutic method or research tool that applies electrical currents through electrodes to stimulate nerves, muscles, or brain areas for various purposes.

Parasympathetic

Pertaining to the part of the autonomic nervous system that conserves energy by slowing the heart rate and relaxing muscles after periods of stress.