alleryStart learning →How is segment result arrived at?
ASegment assets less liabilities
BSegment revenue less expense
CEnterprise revenue less expense
DRevenue less income tax
Answer & Solution
Correct answer: B. Segment revenue less expense
Segment result is simply segment revenue minus segment expense.
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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?