International and u.s. accounting standards

Assignment Help Financial Accounting

Reference no: EM133327521

Question: International and U.S. accounting standards currently require that firms disclose segment information on the same basis as reported internally to management.

Which of the following statements is the best argument that this basis of disclosure is more decision useful than other possible bases? Group of answer choices This basis is less costly. This basis provides the best indication of future growth opportunities of the firm. This basis avoids burying results of poorly performing segments in larger totals. Management knows best how to organize the business.

Reference no: EM133327521

Questions Cloud

What is the firms total anticipated overhead : identifiable with specific clients are charged to jobs by using a predetermined overhead rate. What is the firm's total anticipated overhead

What are crypto likely objectives : What are Crypto likely objectives for the UFC partnership ? Considering the various commercial assets and the nature of UFC as a property

How did the attempt to ensure a stable year-round supply : how did the attempt to ensure a stable year-round supply of water to the mills at the falls end up harming Ojibway communities in northern Minnesota?

What did you find interesting as you review ratios : What does the FINANCIAL STATEMENT Download financial statement and analysis completed in this module tell you about Lowes? Include four elements from company

International and u.s. accounting standards : ACCT 512 Boise State University International and U.S. accounting standards currently require that firms disclose segment information on the same

How cosmic background radiation is evidence of the big bang : How elements in our Universe got concentrated enough through time to produce our solar system and us. Include a reference to the "soup" analogy in the video

What is gems investment objective : What is Gems investment objective? Time horizon? Risk tolerance? On what do you base your conclusions - Jane is not concerned about variations in her portfolio

Investment in research and development : Investment in research and development and coming out with new cars aimed at the lower end of the market. Is this a correct statement

Describe clastic sediments in terms of size, sorting : Describe clastic sediments in terms of size, sorting, and roundness. Identify the most common clastic, chemical, and biogenic sedimentary rocks.

User Account

All Pages