Examlex
All of the following statements are true with respect to end play except:
Reportable Segment
A part of an entity with distinguishable activities for which financial information is available and reviewed regularly by the entity’s decision makers.
Combined
The process of merging multiple sets of financial information, typically from different companies or segments, to produce a consolidated set of financial statements or reports.
Management Approach
A method used in accounting where managers use their judgment to determine key financial reporting information, particularly for segment reporting.
Reportable Segments
Components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.
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