alleryStart learning →An enterprise with one business and one geographical segment should do what?
AGive full segment data
BGive area data only
CReport nothing at all
DDisclose that fact alone
Answer & Solution
Correct answer: D. Disclose that fact alone
With a single business and a single geographical segment, segment data is not required, only the fact is disclosed.
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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?