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Flashcards in Mod 20C Wrong Answers Deck (5):
0

An enterprise shall identify general information including factors used to identify...

Reportable segments and the types of products and services
From which each reportable segment derives its revenues

1

In segment reporting, an enterprise shall disclose certain information about...3

1 reported segment profit and loss

2 assets

3 basis of measurement

2

The accounting standards do not require disclosures about the term...

Chief operating decision maker

3

The term chief operating decision maker identifies...

A function, not necessarily a manager with a specific title

4

Two or more operating segments may be aggregated into a single operating segment if...2

1 If all the aggregation criteria are met
Or
2 after performing the 10% test, a majority of aggregation
Criteria are met