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Perform the operations and simplify the result when possible.
Internal Control
Systems and processes designed to ensure the reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.
Operating Segments
Components of a business for which separate financial information is available and evaluated regularly by the company's chief operating decision-maker in deciding how to allocate resources.
Reportable Segments
Parts of a company that are distinguishable by their operational activities, products, or services, and require separate financial reporting.
Segment Revenues
The income generated from specific divisions or operational units within a company, allowing for the analysis of each segment's contribution to the overall revenue.
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