For each of the following situations, select the best answer concerning segment disclosures of reportable segments.A) Required to be disclosed by an operating segment, but not a geographical segment.B) Required to be disclosed by a geographical segment, but not an operating segment.C) Required to be disclosed by both an operating segment and a geographical segment.D) Not required to be disclosed by either an operating segment or a geographical segment.________ 1. Factors used to identify segments.________ 2. Revenues from external customers.________ 3. Types of products and services from which each segment derives its revenues.________ 4. Names of major customers.________ 5. Revenues from transactions with other segments.________ 6. Interest revenue.________ 7. Long-lived assets.________
8. Discontinued operations, when applicable.________ 9. Income tax expense or benefit.________10. Revenues for the domestic country. ________11. Cash flow information.
What will be an ideal response?
(1) A; (2) C; (3) A; (4) D; (5) A; (6) A; (7) C; (8) A; (9) A; (10) B; (11) D
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