Managers May Choose to Provide Segment Data Voluntarily Because

question 11

Multiple Choice

Managers may choose to provide segment data voluntarily because:

• A) They want to highlight the companies in the group that are doing well.
• B) Managers generally do not believe that consolidated accounts are meaningful.
• C) The segment information will demonstrate more accurately where they have done well and where they have done badly.
• D) It demonstrates a greater level of accountability that may attract investment funds.
• E) None of the given answers.

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Definitions:

Liability

Legal responsibility or obligation to another party, usually in terms of damages or debts.

Battery

A legal violation characterized by the illegal physical realization of a threat, separate from assault that encompasses the action of inducing fear of that contact.

Negligence

The omission to do something that a reasonable person, guided by those considerations that ordinarily regulate human affairs, would do, or doing something that a prudent and reasonable person would not do.

False Imprisonment

A legal claim involving the wrongful detention of an individual without their consent.