A reconciliation between the numbers disclosed in operating segments and consolidated numbers need not beprovided for: Question 16Answer a. Profit or loss b. Revenues c. Net assets d. Cost of goods sold

A reconciliation between the numbers disclosed in operating segments and consolidated numbers need not beprovided for: Question 16Answer a. Profit or loss b. Revenues c. Net assets d. Cost of goods sold

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter2: The Accounting Information System

Section: Chapter Questions

Problem 5MCQ

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Question

A reconciliation between the numbers disclosed in operating segments and consolidated numbers need not be
provided for:

Question 16Answer

Profit or loss

Revenues

Net assets

Cost of goods sold

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