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QUESTION 25 Your client wants to know more about segment reporting. The client is a new companying its financials with the SEC for the first
QUESTION 25 Your client wants to know more about segment reporting. The client is a new companying its financials with the SEC for the first time In reading the Hoyle textbook, the client shows you a sentence from the textbook "To enhance the value of the disa pregated information a substantial pation of a company's operation should be presented individually disclosed." Explain the sufficiency rule that must be met under US GAAP for the number of segments reported. What financial information (account) would we use? What is the threshold? (Precision and nomenclature matter) TTT Aria GiX T.EE 3 [12pt QUESTION 25 Your client wants to know more about segment reporting. The client is a new company fding its financials with the SEC for the first time. In reading the Hoyle textbook, the client shows you a sentence from the textbook "To enhance the value of the disaggregated information, a substantial potion of company's operation should be presented individually disclosed." Explain the sufficiency rule that must be met under US GAAP for the number of segments reported. What financial information (account) would we use? What is the threshold? (Precision and nomenclature matter) QUESTION 25 Your client wants to know more about segment reporting. The client is a new company filing its financials with the SEC for the first time. In reading the Hoyle textbook, the client shows you a sentence from the textbook To enhance the value of the disaggregated information, a substantial potion of a company's operation should be presented individually disclosed." Explain the sufficiency rule that must be met under U.S. GAAP for the number of segments reported. What financial information faccount would we use? What is the threshold? (Precision and nomenclature matter)
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