alleryStart learning →Interest income is part of segment revenue only if the segment is?
ANewly established
BRunning at a loss
CExport oriented one
DPrimarily financial
Answer & Solution
Correct answer: D. Primarily financial
Interest and dividend income count only for segments whose operations are mainly financial.
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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?