The European Union Requires the Following Segment Information

question 11

Multiple Choice

The European Union requires the following segment information:

• A) sales and profits by line of business only.
• B) sales and profits by line of business, but sales only for geographic segments.
• C) sales by line of business and geographic area.
• D) profits by geographic area but not line of business.

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Definitions:

Incentive

A reward or benefit that motivates or encourages a specific action or behavior.

Tradable Pollution Permits

A market-based approach to controlling pollution by allocating permits that allow the holder to emit a certain amount of pollution, which can be traded among companies.

Emissions

The act of releasing substances, especially pollutants, into the atmosphere or environment.

Government

An organized system that establishes and enforces rules and institutions to govern a community, region, or country.