Asked by

Yamilet Jaquez
on Oct 14, 2024

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Disclosure of segment information includes which of the following categories?

A) General information
B) Information about profit or loss
C) Information about assets and liabilities
D) All of the above

Disclosure

The process of providing vital information to shareholders and the public, often related to financial performance and operations.

Segment Information

Financial data broken down into parts of a company, such as departments or geographical locations, to provide insight into each segment's performance.

Assets and Liabilities

Assets are economic resources controlled by a business, while liabilities are financial obligations owed to others.

  • Comprehend the disclosure obligations for segment reporting under the prevailing accounting standards.
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Philipp MorgensternOct 20, 2024
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