This topic contains a solution. Click here to go to the answer

Author Question: One thing that is missing from GAAP-based segment reporting is a breakdown of (Read 12 times)

meganh99

  • Full Member
  • ***
  • Posts: 143

Question 1

Generally Accepted Accounting Principles (GAAP) require companies to report
◦ information based on responsibility centers.
◦ selected information about operating segments in the annual report.
◦ financial statements using a cash basis.
◦ information in a segment margin format.

Question 2

One thing that is missing from GAAP-based segment reporting is a breakdown of
◦ variable and fixed costs.
◦ gross margin and net income.
◦ cost of goods sold and operating costs.
◦ product and period costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by meganh99 on Feb 5, 2023

tharris7314

  • Full Member
  • ***
  • Posts: 153
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 59% of students answer this correctly




meganh99

  • Member
  • Posts: 143
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


mammy1697

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library