All of the Following Statements Regarding a Business Segment Are

question 36

Multiple Choice

All of the following statements regarding a business segment are true except:

• A)A business segment is a part of a company's operations that serves a particular product line.
• B)A segment has assets,liabilities,and financial results of operations that can be distinguished from those of other parts of the company.
• C)A company's gain or loss from selling or closing down a segment is reported separately.
• D)The income tax effects of a discontinued segment are combined with income tax from continuing operations.
• E)A segment's income for the period prior to the disposal and the gain or loss resulting from disposing of the segment's assets are reported separately.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, asserting that people are motivated to achieve certain needs and that some needs take precedence over others in a five-tier model of human needs.

Food And Water

Essential nutrients and hydration necessary for survival and health in humans and animals.

Survival

The ability of a business or individual to continue operating or existing despite facing challenges or adversities.

Growth Stage

A phase in a product's life cycle characterized by rapid sales growth, increasing profit margins, and expansion of the market share.