According to the British Approach to Segment Disclosures

question 37

Multiple Choice

According to the British approach to segment disclosures,

• A) the Companies Act requires line of business sales but not geographic sales.
• B) there is significant guidance as to what is material or what a reportable segment is.
• C) the London Stock Exchange requires that firms provide geographic segments by country.
• D) SSAP 25 requires geographic segments by source and destination.

Understand the relationship between planning and other management functions such as organizing, leading, and controlling.

Appreciate the impact of external factors such as time horizons on the planning process.

Recognize the importance of flexibility and adaptability in planning to address unforeseen challenges.

Understand the concept of qualitative and quantitative forecasting in business planning.

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