Business Segment Information Is Included in the Notes to Financial

question 10

Multiple Choice

Business segment information is included in the notes to financial statements because:

• A)the amounts shown on the financial statements of most companies are just too large to comprehend.
• B)current and potential investors can make more informed judgments about the company.
• C)net income from various geographic areas can be clearly determined.
• D)by combining these amounts for each segment, ROI and cash flows for the company as a whole can be determined.

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Definitions:

Cultural Differences

The variations in the practices, customs, and perspectives of different societies or groups of people.

Lifestyle

A way of living that reflects an individual's values, attitudes, and societal positions, characterized by personal choices and behaviors.

Religious

Pertaining to or connected with religion or religious beliefs, practices, and institutions.

Biological

Pertaining to the science of life and living organisms, their structure, function, growth, origin, evolution, and distribution.