Use the financials of  PepsiCo, Inc. The company should be used to address the following: 

Explain the disclosure requirements for major business segments. Include the following details in your response:

1. Cite the codification section applicable in your answer. 
2. Identify the type of information that is required or important to disclose for these types of common transactions.

link: https://www.sec.gov/Archives/edgar/data/77476/000007747619000017/pepsico201810-k.htm#s7A041B4575CE54AA80765CDA299BDE1E

Answer rating: 100% (QA)

ASC 45020 which offers advice on the accounting and disclosure of loss contingencies specifies the disclosure requirements for contingent liabilities ... View the full answer