Which of the Following Statements Is True According to U

question 54

Multiple Choice

Which of the following statements is true according to U.S. GAAP regarding operating segment disclosure?

• A) The measurement of segment profit and loss disclosure need not be similar to the measurement provided to the chief operating decision maker.
• B) Segment information does not have to be in accordance with generally accepted accounting principles.
• C) Disclosure of a major customer's identity is required.
• D) Geographic area information must be disclosed in interim financial statements.
• E) Immaterial items must be disclosed.

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Definitions:

Aspirated

The act of inhaling foreign objects into the airway, which can lead to breathing difficulties or respiratory infections.

Nutritive Value

Refers to the nutritional content of a food item, including vitamins, minerals, proteins, and calories it provides.

Sodium

A chemical element, symbol Na, essential for human health, playing a critical role in nerve function and fluid balance.

Hospitalized Toddler

Refers to a young child, typically between one to three years old, who is receiving medical care and treatment in a hospital setting.