
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 32
Which of the following statements concerning U.S.GAAP is true
a.Does not require segment information to be reported in accordance with generally accepted accounting principles.
b.Does not require a reconciliation of segment assets to consolidated assets.
c.Requires geographic area information to be disclosed in interim financial statements!
d.Requires disclosure of a major customer's identity.
a.Does not require segment information to be reported in accordance with generally accepted accounting principles.
b.Does not require a reconciliation of segment assets to consolidated assets.
c.Requires geographic area information to be disclosed in interim financial statements!
d.Requires disclosure of a major customer's identity.
Explanation
The best choice for an answer is A.
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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
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