Question: Which of the following operating segment disclosures is not required under current U.S. accounting guidelines? a. Liabilities b. Interest expense c. Intersegment sales d. Unusual

Which of the following operating segment disclosures is not required under current U.S. accounting guidelines?

  a. Liabilities
  b. Interest expense
  c. Intersegment sales
  d. Unusual items

Step by Step Solution

★★★★★

3.40 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The correct answer is c Intersegment sales Under current US accounting guidelines disclosures for o... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

3.04a Supply and Demand Assignment Part I: What is the law of supply? What is the law of demand? How are they related? _____________________________________________________________________________...

Q:

Which of the following operating segment disclosures is NOT required under current U.S. accounting guidelines? Interest expense. Unusual items and extraordinary items. Liabilities. Intersegment sales.

Q:

Under current U.S. accounting guidelines, which of the following items of information is most company NOT required to disclose, even if it were material in amount? Revenues generated by its Japanese...

Q:

Which of the following disclosures about accounts receivable are required? I. Accounts receivable serving as collateral II. The percentage used to calculate allowance for doubtful accounts III. Total...

Q:

1. Which of the following does the U.S. GAAP not consider to be an objective of segment reporting? a. It helps users better understand the enterprises performance. b. It helps users better assess the...

Q:

1. Which of the following does U.S. GAAP not consider to be an objective of segment reporting? a. It helps users better understand the enterprise's performance. b. It helps users better assess the...

Q:

Which of the following operating segment disclosures is not required under current U . S . accounting guidelines? Group of answer choices Liabilities. Interest expense. Intersegment sales. Unusual...

Q:

3. Which of the following operating segment disclosures is not required under current U.S. accounting guidelines? a. Liabilities b. Interest expense c. Intersegment sales d. Unusual items

Q:

Which of the following operating segment disclosures is not required under current U . S . accounting guidelines? Multiple Choice Liabilities. Unusual items. Interest expense. Intersegment sales.

Q:

Which of the following operating segment disclosures is not required by US . GAAP? Mutiple Cholce Interest expence. Intersegment sales. Unuswal items. Depietion. Liblildes.

Q:

Please help with the following questions related to the attached financial statements:...

Q:

Mr. Slumlord owns and operates rental properties. The information relating to these properties for the year ended December 31, 2020 is as follows: Building A Building B Building C Appliances Class 1:...

Q:

What single amount, paid three years from now, would be economically equivalent to the combination of $1400 due today and $1800 due in five years, if funds can be invested to earn 6% compounded...

Q:

A manufacturing cell could produce a maximum of 6,000 units per week using 2,000 productive hours. Last week, it produced 5,000 units. What is the theoretical cycle time? Actual cycle time?

Q:

Appreciate the power of employee participation and involvement in avoiding potential problems

Q:

Which of the following transactions would be considered noncash investing and financing activities? _______ 1. Additional borrowing from bank. _______ 2. Purchase of equipment with investments....

Q:

Following is the preclosing trial balance for the General Fund of the City of Doyle. Required: Prepare in general journal form the closing entries for the General Fund of DoyleCity. Doyle City The...

Q:

In 2012, Bay City purchased supplies valued at $350,000. At the end of the year, $65,000 of the supplies were still in the inventory. No supplies were on hand at the beginning of the year. The city...

Q:

Here are the cash - flow forecasts for two mutually exclusive projects: \ table [ [ Year , Cash Flows ( dollars ) ] , [ Project A , Project B

Q:

Suppose that the First National Bank has the following balance sheet position and that the required reserve ratio is 20 percent. Assets Reserves $25 million depsits Loans $75 million Bank Capital...

Q:

On BeDeM Inc. ' s 2 0 2 3 income statement, you observe that: Sales = $ 2 1 2 , 0 0 0 Cost of Sales = $ 5 0 , 0 0 0 Depreciation and Amortization = $ 4 2 , 0 0 0 Other Income = $ 0 From BeDeM Inc. '...