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 40 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
Excellent


dyrone

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library