A Major Value of Segment Information for Users Is That

question 34

Multiple Choice

A major value of segment information for users is that

• A) it focuses on issues other than cash flows.
• B) in the United States, GAAP requires firms to disclose segment information by major country.
• C) it provides information to investors that might involve cost of preparation but not cost of competitive advantage.
• D) it allows users who have different information needs to get disaggregated information that might be of use to them.

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Definitions:

Right Angles

Angles that measure exactly 90 degrees.

Indifference Curves

Graphical representations used in microeconomics to show combinations of two goods that provide equal satisfaction and utility to a consumer.

Nickels

Coins in the United States and Canada valued at five cents, made of a cupronickel alloy.

Dimes

A coin representing ten cents in the United States currency.