Which One of the Following Statements Concerning Glaciers Is NOT

question 54

Multiple Choice

Which one of the following statements concerning glaciers is NOT true?

• A)Piedmont glaciers form on lowlands at the base of mountainous terrain.
• B)Ice sheets are larger than ice caps.
• C)Long, extended, alpine glaciers occupied valleys in most high, mountainous areas in the United States, Canada, and Europe at one or more times during the past two million years.
• D)The volume of water tied up in the Antarctic ice sheet is about the same as the total discharge of the Amazon River in one year.

Understand the considerations for identifying operating segments based on internal reporting structures.

Identify which operating segments are reportable under various tests such as the asset test, revenue test, and profit or loss test.

Understand the requirements for disclosing information about each operating segment.

Apply U.S. GAAP criteria to determine the reportability of operating segments.

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Definitions:

Domestic Corporations

Companies that are incorporated in, and operate primarily within, the country they are registered.

World's Economy

Describes the global network of economic activities, including production, consumption, and trade of goods and services across different countries.

U.S. Companies

Businesses that are incorporated, operate, or have their primary base of operations within the United States.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.