alleryStart learning →A material segment policy change needs nature and what else?
ANames of segment heads
BAuditor fee for review
CDividend paid that year
DEffect if determinable
Answer & Solution
Correct answer: D. Effect if determinable
The change must be described and its financial effect shown when it can reasonably be determined.
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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?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?An enterprise giving segment cash flows need not disclose which items?