Which of the Following Disclosures Is NOT Required to Be

question 24

Multiple Choice

Which of the following disclosures is NOT required to be presented for a firm's reportable segments?

• A) Information about segment assets
• B) Information about the bases for measurement
• C) Reconciliation of segment amounts and consolidated amounts for revenue, profit or loss, assets, and other significant items.
• D) All of these must be presented.

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Definitions:

Performance Rating

An assessment of an individual's or organization's performance, often compared against predetermined standards or objectives.

Time Standard

A benchmark or reference point for the expected time required to complete a task, often used in manufacturing and productivity analysis.

Work Sampling

A statistical technique used to estimate the proportion of time spent by workers on various tasks, through random observations over a period.

Acceptable Error

The degree of deviation from a standard or accurate value that is considered tolerable or permissible in computations or measurements.