Single choice 56) Which of the following is not a valid reason for disclosing information on operating segments in the financial statements O Additional disclosures help reduce the impact of offsetting which can distort or hide true trends O Segmental reporting helps the analyst to better understand the rewards and risks of the business activities O Diverse companies may be involved in manufacture, sales and post-sale services all of which have different returns that can only be observed through segmental disclosures O Disclosing the results of operating segments reduce the administrative cost burden of the prepare 57) Which of the following statements is/are correct? 1. CAGR Compound Average Growth rate is used to smooth returns to the they can be more easily compared between alternative investments 2. Trend analysis does not have to be restricted to inanclardata but can also use commercial data such as the form O Nite statement is correct Only statement is correct