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Which segment information required in

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Reference no: EM132789499

Porblem 1: If a financial report contains both the consolidated financial statements of a parent and the parent's separate financial statements, segment information required in

a. The separate financial statements only

b. The consolidated financial statements only

c. Both the separate and consolidated financial statements

d. Neither the separate nor the consolidated financial statements

Porblem 2: An operating segment is a component of an entity

I. That engages in business activities from which it is may earn revenue and incur expenses, including revenue and expenses relating to transactions with other components of the same entity.

II. Whose operating results are regularly reviewed by the entity's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance.

III. For which discrete information is available.

a. I only

b. II only

c. I and III only

d. I, II and III

Reference no: EM132789499

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