alleryStart learning →With consolidated and parent statements, segment data is given on?
AAs the board chooses
BBoth sets separately
CParent statements only
DConsolidated statements only
Answer & Solution
Correct answer: D. Consolidated statements only
When one report holds both sets, segment information is needed only on the consolidated basis.
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Related questions
Segment result includes interest expense. Segment liabilities then include what?Each business segment must be described by indicating what?A change in how revenues and expenses are allocated to segments leaves what unchanged?A material segment policy change needs nature and what else?On what basis are inter-segment transfers measured?If geography is primary, what is reported for large business segments?With business segments primary, which geographical segments need secondary revenue data?The reconciliation ties segment result to which enterprise item?