In Addition to Requiring Separate Reporting for Operating Segments,U

question 47

Multiple Choice

In addition to requiring separate reporting for operating segments,U.S.GAAP requires companies to report:

• A)operating income for each country in which a material amount of revenue is derived.
• B)revenues from external customers and long-lived assets for all foreign countries where it has assets or derives revenue.
• C)revenues and long-lived assets for each country that constitutes 10% of more of the combined revenues or assets.
• D)operating income adjusted for inflation for each country where it has significant operations.

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Definitions:

Information Privacy

The right to determine when, and to what extent, personal information can be gathered by or communicated to others.

Information Privacy

The aspect of data protection that deals with the proper handling, processing, storage, and usage of personal information.

Government Benefits

Refers to forms of financial assistance or service programs provided by governments to support individuals in society, including healthcare, education, and social security.

Aadhaar

Aadhaar is a 12-digit unique identity number issued by the Indian government to residents, based on their biometric and demographic data.