What Is the Main Objective in Disclosing Segmented Information

question 2

Multiple Choice

What is the main objective in disclosing segmented information?

• A)It provides a broader view of the entire economic entity controlled by the parent.
• B)It provides information to assess the risk of different operating units.
• C)It increases the income of different operating segments.
• D)It reduces the cost of financial reporting.

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Definitions:

Accident Likelihood

The probability or chance of an accident occurring in a given situation or environment.

Association

In statistics, it refers to a relationship or linkage between two or more variables whereby they tend to vary together in a predictable manner.

Household Income

The combined gross income of all members of a household, typically measured annually.

Classification

The process of organizing or sorting items into categories based on their attributes or characteristics.