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8. Which of the following statements concerning FASB ASC 280 is true? a. Does not require segment information to be reported in accordance with generally
8. Which of the following statements concerning FASB ASC 280 is true? a. Does not require segment information to be reported in accordance with generally accepted accounting principles b. Does not require a reconciliation of segment assets to consolidated assets c. Requires geographic area information to be disclosed in interim financial statements d. Requires disclosure of a major customer's identity 13. For a U.S.-based company, which of the following would be an acceptable presentation of countries for providing information by geographic area? a. United States, Mexico, Japan, Nigeria, All Other Countries b. United States, Canada and Mexico, Germany, Vietnam c. Europe, Asia, Africa d. Brazil, Canada, France, All Other Countries
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