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:

Substantial Stress Symptoms

Significant or considerable signs of physical or emotional strain and tension.

Terrorist Attacks

Violent acts that are intended to create fear, carried out for a religious, political, or ideological goal, typically targeting civilians.

September 11

A date marking major terrorist attacks in 2001 against the United States, most notably the destruction of New York City's World Trade Center.

Rape Victims

Individuals who have suffered a non-consensual sexual act, which can result in various severe psychological and physical consequences.