A Reconciliation of the Revenue, Profit and Loss and Asset

Multiple Choice

A reconciliation of the revenue, profit and loss and asset amounts presented for reportable segments to the respective consolidated amounts for the entity:

A) ​is not required if all segments are considered reportable.
B) ​is also required for other significant items presented by segments, such as depreciation and amortization.
C) ​is required only if the entity elects to use the management approach to determine its operating segments.
D) ​None of the above is correct.