If a Company Is Very Diversified

question 39

Multiple Choice

If a company is very diversified

• A)it makes it easier to classify the company by industry.
• B)it would not be necessary to provide any segmented information.
• C)it can limit the usefulness of financial analysis.
• D)any problems with a subsidiary would be apparent when examining the consolidated statements.

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Definitions:

Specific Project

A particular or distinct undertaking, usually with defined goals and timelines, embarked on to achieve preset objectives.

Voting Rights

The entitlement of individuals to participate in the election of government officials and in decision-making processes through the act of voting.