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6. What information does U.S. GAAP require to be disclosed for a major customer? A) The identity of the customer. B) The operating segment reporting sales to the customer. C) The geographic area of the customer. D) The specific products or services purchased by the customer. E) The length of time the customer has been a customer of the company. 7. Which of the following is reported for interim financial reports using the integral approach? A) Bonus expense. B) Gross profit. C) Cash basis accounting. D) Current market value. E) Segment level management compensation. 8. Which of the following is not a required disclosure in an interim financial report? A) Sales or gross revenues. B) Provision for income taxes. C) Cash flow information. D) Changes in accounting principles. E) Seasonal revenues and expenses. 9. A spot rate may be defined as A) The price a foreign currency can be purchased or sold today. B) The price today at which a foreign currency can be purchased or sold in the future. C) The forecasted future value of a foreign currency. D) The U.S. dollar value of a foreign currency E) The Euro value of a foreign currency