Which of the Following Are Established by FASB 131 as "Enterprisewide

question 11

Multiple Choice

Which of the following are established by FASB 131 as "enterprisewide disclosure" standards to provide more information about the risks to a company? I.Information about dominant industry segments.
II) Information about major customers.
III) Information about geographic areas

• A)Both II and III
• B)Both I and III
• C)Both I and II
• D)I,II,and II

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Definitions:

Psychoanalytic

Relating to a theory and therapeutic method developed by Freud emphasizing unconscious mental processes in shaping feelings, thoughts, and behaviors.

Biological Model

An approach in psychology and medicine that considers biological processes and genetic factors as the primary basis for behavior and mental states.

Institutionalizing

The process of establishing something as a norm or standard within an institution or society.

Strange Behavior

Actions or responses that deviate significantly from what is considered typical or socially acceptable within a given cultural or societal context.