16) To satisfy geographic area disclosure requirements, what are the minimum and maximum numbers of countries for which information should be reported separately?

17) Under what conditions should a company disclose the amount of sales from a major customer?

18) What are the major differences between U.S. GAAP and IFRS 8 with respect to the disclosures that are required to be provided for each separately reportable operating segment?

19) Why are publicly traded companies in the United States required to prepare interim reports on a quarterly basis?

20) What approach are companies required to follow in preparing interim financial statements?

21) How should a company handle a LIFO liquidation in an interim period when the liquidated inventory is expected to be replaced by year-end?

22) How does a company determine the amount of income tax expense to report in an interim period?

23) What procedures must companies follow to account for a change in accounting principle made in other than the first interim period of the year?

24) What minimum information must an enterprise provide in an interim report?

25) What type of segment information must companies provide in interim financial statements?

26) How would an annual bonus paid at year-end be treated under IAS 34, and how does this treatment differ from what is required under U.S. GAAP?

27) ASC 280 requires an entity to disclose qualitative information about each reportable segment as well as to provide entity-wide disclosures about products and services and geographical operations regardless of how the entity is organized. Segments as defined by ASC 280 also provide a basis for an SEC registrants required disclosures in the Business and MD&A sections of the registrants filing. Discuss.