The Management Approach to the Definition of Segments for Financial

question 15

Multiple Choice

The management approach to the definition of segments for financial reporting expects a company to:
I.Report disaggregated information on the same organizational basis as used by the company's internal decision makers.
II.Report disaggregated information for at least ten segments.

• A)I
• B)II
• C)Both I and II
• D)Neither I nor II

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Definitions:

Independent

In statistics, two events are considered independent if the occurrence of one does not affect the probability of the other.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values from the mean or average.

Independent

Free from external control or influence; not depending on another's authority or the occurrence of another variable in statistical contexts.

Standard Deviations

A metric that calculates the extent of spread or deviation of data points from their average value.