QUESTION

A quote from a colleague: "I never look at the operating segment information in a set of financial statements when I am making investment decisions - it's just lots and lots of numbers I won't understand. It must cost entities a significant amount of money to produce the information, which must outweigh the benefits it provides."

Required:

a. Discuss the benefits that could be gained by investors from reviewing the operating segment disclosures when making future decisions on investment.