Which may be considered an operating segment

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Reference no: EM132805667

Problem 1: Which may be considered an operating segment?

a. Start-up operations before earning revenue

b. Corporate headquarters that earn revenue

c. Functional department

d. Postemployment benefit plans

Problem 2: What is the function of the chief operating decision maker?

a. To allocate resources to the operating segments only.

b. To assess the performance of the operating segments only.

c. To provide general information to financial statement users about operating segments

d. To allocate resources to the operating segments and assess their performance.

Problem 3: Who could be the chief operating decision maker?

a. Chief operating officer

b. Chief executive officer

c. Group of executive directors

d. All those mentioned depending on who within the organization is responsible for the allocation of resources and assessing the performance of operating segments.

Reference no: EM132805667

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