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Based on the Information Provided Below, Which Business Unit(s) Should

question 16

Multiple Choice

Based on the information provided below, which business unit(s) should be identified as Viewing Ltd's operating segment(s) ?  Chidi  Eleanor  Jason  Can the component generate revenue  and incur expenses from its business  activities?  Yes  Yes  Yes  Are the component’s operating results  regularly reviewed by the CODM?  Yes  Yes  No  Is discrete financial information  available for the component?  No  Yes  Yes \begin{array}{|l|c|c|c|}\hline & \text { Chidi } & \text { Eleanor } & \text { Jason } \\\hline \begin{array}{l}\text { Can the component generate revenue } \\\text { and incur expenses from its business } \\\text { activities? }\end{array} & \text { Yes } & \text { Yes } & \text { Yes } \\\hline \begin{array}{l}\text { Are the component's operating results } \\\text { regularly reviewed by the CODM? }\end{array} & \text { Yes } & \text { Yes } & \text { No } \\\hline \begin{array}{l}\text { Is discrete financial information } \\\text { available for the component? }\end{array} & \text { No } & \text { Yes } & \text { Yes } \\\hline\end{array}


Definitions:

Personal Finance

The management of financial activities such as savings, investment, and budgeting by an individual or a household.

Checkbooks

Books containing blank checks connected to a checking account, allowing the account holder to write checks for financial transactions.

Investments

The act of allocating resources, usually money, with the expectation of generating an income or profit.

Package

Common term for an integrated group of computer programs developed by a vendor and available for purchase in prepackaged form.

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