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Tab Caps Lock Shift 5. Which of the following statements is not true under U.S. GAAP? a. Operating segments can be determined by looking at
Tab Caps Lock Shift 5. Which of the following statements is not true under U.S. GAAP? a. Operating segments can be determined by looking at a company's organization chart. b. Companies must combine individual foreign countries into geographic areas to comply with the geographic area disclosure requirements. Esc Q e Companies that define their operating segments by product lines must provide revenue and asset information for the domestic country, for all foreign countries in total, and for each material foreign country. Type here to search Z d. Companies must disclose total assets, investment in equity method affiliates, and total expenditures for long-lived assets by operating segment. 6. Which of the following is not necessarily true for an operating segment? a An operating segment earns revenues and incurs expenses. b. The chief operating decision maker regularly reviews an operating segment to assess performance and make resource allocation decisions. Alt LO 8-1 61 W F1 F2 F3 Co- Logitech % i K G a 54
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