alleryStart learning →Products in one business segment should be similar in what respect?
AExactly one listed factor
BEvery single listed factor
CA majority of listed factors
DSelling price alone
Answer & Solution
Correct answer: C. A majority of listed factors
Dissimilarity on a few factors is tolerated provided the products match on most of the factors.
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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?