Which of the following is not necessarily true for an operating segment? a. An operating segment earns
Question:
Which of the following is not necessarily true for an operating segment?
a. An operating segment earns revenues and incurs expenses.
b. The chief operating decision maker regularly reviews an operating segment to assess performance and make resource allocation decisions.
c. Discrete financial information generated by the internal accounting system is available for an operating segment.
d. An operating segment regularly generates a profit from its normal ongoing operations.
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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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