The Profitability Information That Should Be Reported for Each Reportable

Multiple Choice

The profitability information that should be reported for each reportable segment of a business enterprise consists of

A) An operating profit-or-loss figure consisting of segment revenues less traceable costs and allocated common costs
B) An operating profit-or-loss figure consisting of segment revenues less traceable costs but not allocated common costs
C) An operating profit-or-loss figure consisting of segment revenues less allocated common costs but not traceable costs
D) Segment revenues only