Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 8, Problem 6P

Which of the following is not necessarily true for an operating segment?

  a.    An operating segment earns revenues and incurs expenses.

  b.    The chief operating decision maker regularly reviews an operating segment to assess performance and make resource allocation decisions.

  c.    Discrete financial information generated by the internal accounting system is available for an operating segment.

  d.    An operating segment regularly generates a profit from its normal ongoing operations.

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