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Reportable Segments
Components or segments of a business that must be separately disclosed in financial reports because they represent a significant portion of the business's operations or financial outcomes.
Operating Segments
Components of a business for which separate financial information is available and is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and assess performance.
Sales
Transactions where goods or services are exchanged for money, representing a critical source of revenue for businesses.
Segmental Financial Reporting
The practice of reporting financial data for different branches, divisions, or segments of a company to provide insights into individual performance.
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