The Optimum Decision Is the Most Appropriate Decision Possible in Light

question 56

True/False

The optimum decision is the most appropriate decision possible in light of what they believe to be the most desirable consequences for the organization.

Identify the criteria for determining reportable segments.

Grasp the management approach in identifying segments.

Know the disclosure requirements for segment reporting under current accounting standards.

Understand how to report revenues, profits, and assets to segments.

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Definitions:

Surprise

An emotional response to an unexpected event, which can range from mild to intense depending on the nature of the surprise.

Effective Conditioning

A process through which organisms learn to connect a specific stimulus to a particular response with efficiency.

US

The abbreviation for the United States, a country located primarily in North America.

Blocking Effect

A result showing that an animal learns nothing about a stimulus if the stimulus provides no new information.