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Which of the following statements is true regarding the determination of operating segments in order to decide which segments will be separately reported? A.An operating

  • Which of the following statements is true regarding the determination of operating segments in order to decide which segments will be separately reported?
  • A.An operating segment is a component of an enterprise that engages in business activities from which it only earns revenues.
  • B.The operating results of an operating segment are reviewed regularly by the corporate controller to assess performance.
  • C.There is integral financial information available for each operating segment.
  • D.An organizational unit can be an operating segment if all of its revenues or expenses result from transactions with other segments.
  • E.All parts of a company must be included in some operating segment.

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