Which of the following is true concerning segment disclosures? The European Union requires sales but not profit data by segments. Forecasts based on consolidated data are more accurate than those based on segmented data due to intercompany transfers. The U.S. requires extensive social disclosures of its segmented data. The British require segment sales based on source but not destination Question 17 (3 points) The dual-yardstick proposal for segment disclosures suggests that segments be established consistent with the company's organizational structure, O suggests that industry and country groupings be related to each other rather than an external standard. requires geographic segmentation along country lines. Orequires that geographic and industry data be combined together in a matrix reporting format Question 18 (3 points) The demand for segment information has been prompted by a continuing diversification trend forced by competitors accelerated by class action suits reduced by investors