An operating segment is a component of a company
A) that engages in business activities to earn revenues and incur expenses.
B) whose operating results are regularly reviewed by the company's chief operating officer for budgeting and evaluation purposes.
C) for which financial information is available.
D) All of these types of companies would have an operating segment as a component.
D
You might also like to view...
Services high in ________ qualities have characteristics that the buyers can evaluate before purchase
A) search B) experience C) credence D) privacy E) storing
Actual overhead during the year was more than applied overhead, the journal entry to close the Overhead account for the difference?
a. Overhead XX Cost of Goods Sold XX b. Cost of Goods Sold XX Overhead XX c. Overhead XX Finished Goods Inventory XX d. Cost of Goods Sold XX Finished Goods Inventory XX
Janelle notices that a consumer rubs a piece of candle over the outer edge of a can before replacing the lid. She asks the customer to explain why he does that. The answer to the question will provide Janelle with which of the following?
a. new knowledge of consumer application b. a product idea c. insight into consumer behavior d. expanded experience
Chico Company experienced an accounting event that affected its financial statements as indicated below:Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash Flow+ NA +NA NA NA+FAWhich of the following accounting events could have caused these effects on the elements of Chico's financial statements?
A. Issued common stock B. Paid a cash dividend C. Borrowed money from a bank D. Earned cash revenue