
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910
Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910 Exercise 65
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.
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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
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