alleryStart learning →Segment liabilities exclude which of these?
ACustomer advances received
BAccrued liabilities of segment
CIncome tax liabilities
DProduct warranty provisions
Answer & Solution
Correct answer: C. Income tax liabilities
Income tax liabilities are enterprise-level and are not counted among segment liabilities.
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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?