Multiple Choice
According to predictive ability tests of segment reports,
A) it has clearly been proven that users use disaggregated information to make forecasts.
B) forecasts based on line of business data are not as accurate as those based on geographic segments.
C) forecasts based on segment earnings are more accurate than those based on segment sales.
D) segment information is not useful for small firms.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: The major argument against segment disclosure is
Q23: Segment-based forecasts<br>A) underperform consolidated-based forecasts<br>B) out perform
Q24: A major difference between U.S. segment disclosures
Q25: MNEs argue against disseminating more information because
Q26: A major argument against segment disclosure is
Q28: Prediction of earnings studies have all concluded
Q29: Segment disclosures<br>A) do not affect firm risk<br>B)
Q30: According to U.S. and British companies, narrowly-defined
Q31: External yardsticks are available for most diversified
Q32: The IASB's segment reporting standard IAS 14<br>A)