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Consolidated statements for a large enterprise such as P&G combine the accounts of many segments. If P&G is not required to report information by market
Consolidated statements for a large enterprise such as P&G combine the accounts of many segments. If P&G is not required to report information by market segment, consolidation will result in highly aggregated disclosures that are inadequate for the needs of investors and analysts. In November of the FASB required changes intended to improve the disclosure of information by segment. Under US GAAP, for the fiscal year ended June what reportable segments did P&G identify?
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