The Following Information Was Collected Together for the Lawson Company

question 24

Essay

The following information was collected together for the Lawson Company relating to the preparation of their annual financial statements for 2011.For each item,indicate "yes" or "no" as to whether the item must be disclosed in the annual report.
________ 1.Names of major customers for all reportable segments
________ 2.Interest revenue and expense for all reportable segments
________ 3.Cost of Goods Sold for all reportable segments
________ 4.Depreciation expense and amortization expense for all reportable segments
________ 5.Revenue from external customers for all reportable segments
________ 6.The basis for aggregating any operating segments to arrive at reporting segments
________ 7.Income tax expense (or benefit)for all reportable segments
________ 8.Total assets for all reportable segments
________ 9.Type of product or service for all reportable segments
________ 10.Extraordinary items for all reportable segments

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Definitions:

Bulimia

An eating disorder characterized by episodes of binge eating followed by purging, to avoid weight gain.

Schachter and Singer's Theory

A psychological theory proposing that emotion is based on physiological arousal and cognitive labeling of the reason for this arousal.

Arousal

A physiological and psychological state of being awake or reactive to stimuli.

Context

The circumstances or setting surrounding an event, statement, or idea which can significantly affect its meaning or interpretation.