Under current U.S. accounting guidelines, which of the following items of information is a company not required
Question:
Under current U.S. accounting guidelines, which of the following items of information is a company not required to disclose, even if it were material in amount?
a. Revenues generated from sales of its consumer products line of goods.
b. Revenues generated by its Japanese subsidiary.
c. Revenues generated from export sales.
d. Revenues generated from sales to Walmart.
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The correct answer b Revenues generated by its Japanese subsidiary The answer is b because under cur...View the full answer
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Related Book For 
Advanced Accounting
ISBN: 978-1259444951
13th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni
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