A Major Difference Between U

Multiple Choice

A major difference between U.S. segment disclosures and those of other countries is that

A) U.S. companies tend to disclose more segments on average than do U.K. companies.
B) U.K. companies have several different sources of standards, whereas U.S. companies only have to worry about the FASB.
C) U.K. company law gives significant direction to companies on establishing segments, whereas the FASB gives no discretion to management on the establishment of segments.
D) U.S. companies have to report geographic sales by source and destination, whereas British companies are only allowed to report geographic sales by destination.