Which of the Following Is a Provision of SFAS No

question 32

Multiple Choice

Which of the following is a provision of SFAS No. 131?

• A)Segment liabilities must be reported, but reported segment assets is optional.
• B)Reconciliation of segment profit or loss to consolidated profit of loss must be done before income taxes.
• C)A segment is constituted by having 20% or more of combined revenue of all operating segments.
• D)Segment reporting is based on the way management organizes the segments for making operating decisions and assessing performance.

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Definitions:

Upright

In a vertical position; standing or sitting straight up.

After Meals

A directive in medical prescriptions indicating that the medication should be taken following a meal.

With Food

A directive often associated with medication intake instructions indicating that the medicine should be taken along with food to decrease side effects or enhance absorption.

Subcut

Short for subcutaneous, referring to an injection or administration of medication into the layer of fat just beneath the skin.