Which of the following is not necessarily true for an operating segment? a. An operating segment earns

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Which of the following is not necessarily true for an operating segment?

  a. An operating segment earns revenues and incurs expenses.
  b. The chief operating decision maker regularly reviews an operating segment to assess performance and make resource allocation decisions.
  c. Discrete financial information generated by the internal accounting system is available for an operating segment.
  d. An operating segment regularly generates a profit from its normal ongoing operations.

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Advanced Accounting

ISBN: 978-1259444951

13th edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni

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