Which of the Following Operating Segment Disclosures Is Not Required

question 52

Multiple Choice

Which of the following operating segment disclosures is not required by U.S. GAAP?

• A) Interest expense.
• B) Intersegment sales.
• C) Extraordinary items.
• D) Discontinued operations.
• E) Liabilities.

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Definitions:

Necessarily True

A statement or proposition that cannot be false under any circumstances.

Probably True

A statement or belief that is likely to be accurate or correct, based on the available evidence.

Trustworthy Advice

Reliable and credible guidance that can be depended upon for making decisions.

Experienced

Having knowledge or skill in a particular area as a result of direct involvement or participation.