Where the Entity's Primary Format for Reporting Segments Is Geographical

question 57

Multiple Choice

Where the entity's primary format for reporting segments is geographical then disclosures in addition to those required when the primary format is business segments are required.These disclosures depend on:

• A) Whether the segments are business segments or geographical segments.
• B) The relative size of the assets invested in geographical segments.
• C) The accounting policies applied to calculating the revenues, expenses, assets and liabilities of the segments.
• D) Whether the segments are based on the location of assets or location of customers.
• E) None of the given answers.

---

Definitions:

Normal Faulting

A type of faulting where the crust is extended and the hanging wall moves down relative to the footwall.

Partly Metamorphic

Relating to rocks that have been partially altered in structure or composition by heat, pressure, or chemical processes.

High Pressure

A condition of the atmosphere where the air pressure is higher than the surrounding area, often leading to stable weather conditions.

Metamorphic Conditions

Conditions under which rocks undergo transformation in terms of mineralogy, texture, and structure due to heat and pressure without melting.