Segment Disclosure Should Not Be Expensive Because of

question 13

Multiple Choice

Segment disclosure should not be expensive because of

• A) worldwide business activity
• B) stock market analysts
• C) resultant lower leverage
• D) computer systems

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Definitions:

Omitted

Left out or not included, either purposefully or accidentally.

Secured

Pertaining to loans or debt that is backed by collateral, providing the lender with a claim to certain assets if the borrower defaults.

Appraising Performance

Evaluating and assessing the work performance of employees.

Standard Work

A set of instructions and procedures designed to ensure that tasks are performed consistently and efficiently across an organization.