Mahi Bai, a student of intermediate accounting, was heard to remark after a class discussion on segmented

Question:

Mahi Bai, a student of intermediate accounting, was heard to remark after a class discussion on segmented reporting: "All this is very confusing to me. First we are told that there is merit in presenting the consolidated results and now we are told that it is better to show segmented results. I wish they would make up their minds." Evaluate this comment.