When an Income Statement Shows Data for Segments of the Organization

question 38

Multiple Choice

When an income statement shows data for segments of the organization, and data for each segment are added together to get totals for the whole organization:

• A)all expenses should be allocated to the segments.
• B)common fixed expenses should be allocated to the segments.
• C)only direct revenues and direct expenses should be assigned to segments.
• D)direct fixed expenses should be subtracted as one amount in the "total" column.

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