alleryStart learning →A distinguishable component supplying related products with distinct risks is?
AProduction cost centre
BBranch profit centre
CBusiness segment
DGeographical segment
Answer & Solution
Correct answer: C. Business segment
A business segment is defined by a product or service group whose risks and returns differ from other groups.
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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?