Which of the following is a correct statement? (a) There is a business directory which defines all

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Which of the following is a correct statement?

(a) There is a business directory which defines all segments of all companies.

(b) The decision on defining segments for reporting is a matter for the directors’

discretion.

(c) The definition of segments is contained in Company Law.

(d) The definition of segments is contained in an accounting standard.

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Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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