For Each of the Following Situations, Select the Best Answer

question 74

Essay

For each of the following situations, select the best answer concerning segment disclosures of reportable segments.
A) Required to be disclosed by an operating segment, but not a geographical segment.
B) Required to be disclosed by a geographical segment, but not an operating segment.
C) Required to be disclosed by both an operating segment and a geographical segment.
D) Not required to be disclosed by either an operating segment or a geographical segment.Factors used to identify segments.Revenues from external customers.Types of products and services from which each segment derives its revenues.Names of major customers.Revenues from transactions with other segments.Interest revenue.Long-lived assets.Discontinued operations, when applicable.Income tax expense or benefit.Revenues for the domestic country.Cash flow information

• A) Required to be disclosed by an operating segment, but not a geographical segment.
• B) Required to be disclosed by a geographical segment, but not an operating segment.
• C) Required to be disclosed by both an operating segment and a geographical segment.
• D) Not required to be disclosed by either an operating segment or a geographical segment.Factors used to identify segments.Revenues from external customers.Types of products and services from which each segment derives its revenues.Names of major customers.Revenues from transactions with other segments.Interest revenue.Long-lived assets.Discontinued operations, when applicable.Income tax expense or benefit.Revenues for the domestic country.Cash flow information

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Definitions:

Escalation

The process of a conflict intensifying or becoming more severe, often leading to further complications.

Inadvertent Revelation

An unintentional disclosure of private or sensitive information, typically leading to unforeseen consequences.

Distributive Bargaining

A negotiation strategy in which one party's gain is the other party's loss, focusing on dividing a limited amount of resources.

Resistance Point

The least favorable outcome a negotiator is willing to accept before opting out of the negotiation.