The Ability to Order Subgroups in a Hierarchy Is an Ability

question 19

Multiple Choice

The ability to order subgroups in a hierarchy is an ability related to

• A) conservation.
• B) categorization.
• C) computational skills.
• D) object permanence.

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Definitions:

Operating Segment

A component of a company that engages in business activities from which it may earn revenues and incur expenses, and about which separate financial information is available.

Reportable Segment

A component of an enterprise that is distinguished by business activities, geographical areas, or products and services, requiring separate financial disclosure under accounting standards.

Revenue

The total income generated by a company from its normal business operations, before any expenses are deducted.