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

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


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

1 reported segment profit and loss

2 assets

3 basis of measurement


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

Chief operating decision maker


The term chief operating decision maker identifies...

A function, not necessarily a manager with a specific title


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

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