Question: How should a company determine operating segments when it disaggregates
How should a company determine operating segments when it disaggregates business activities in more than one way and the chief operating decision maker uses multiple sets of reports?
Answer to relevant QuestionsUnder what conditions must an enterprise provide information about geographic areas?What type of segment information must companies provide in interim financial statements?How would an annual bonus paid at year-end be treated under IAS 34 and how does this treatment differ from what is required under U.S. GAAP?Fireside Corporation is organized into four operating segments. The internal reporting system generated the following segment information:The company incurred additional operating expenses (of a general nature) of $700,000. ...Jarvis Corporation has six different operating segments reporting the following operating profit and loss figures:K ..... $ 80,000 lossL ....... 140,000 profitM ...... 940,000 lossN .... $440,000 profitO ..... 90,000 profitP ...
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