Segment Data

question 29

Multiple Choice

Segment data:

• A) can be used for vertical, but not horizontal analysis.
• B) is gathered from invoice data.
• C) is only useful by product line.
• D) analysis is required by GAAP.

---

Definitions:

Primary Sector

The part of the economy that is involved with the extraction of raw materials from the environment, such as agriculture, fishing, and mining.

Tertiary Sector

The segment of the economy that provides services to consumers and businesses, as opposed to goods manufacturing or primary industries like agriculture.

Participatory Democracy

A model of democracy in which citizens have the power to decide directly on policy and politicians are responsible for implementing those policy decisions.

Consensus

The general agreement or collective unanimity among members of a group or society.