
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220 Exercise 40
What information about revenues by geographic area should a company present
a. Disclose separately the amount of sales to unaffiliated customers and the amount of intra - entity sales between geographic areas.
b. Disclose as a combined amount sales to unaffiliated customers and intra - entity sales between geographic areas.
c. Disclose separately the amount of sales to unaffiliated customers but not the amount of intra-entity sales between geographic areas.
d. No disclosure of revenues from foreign operations need be reported.
a. Disclose separately the amount of sales to unaffiliated customers and the amount of intra - entity sales between geographic areas.
b. Disclose as a combined amount sales to unaffiliated customers and intra - entity sales between geographic areas.
c. Disclose separately the amount of sales to unaffiliated customers but not the amount of intra-entity sales between geographic areas.
d. No disclosure of revenues from foreign operations need be reported.
Explanation
The best choice for an answer is C.
Exp...
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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