Footnotes about a company's segments are useful because the notes reveal:
A)the different types of business activities and the different economic environments.
B)the company's internal controls over financial reporting.
C)the company's blueprint for competitive advantage.
D)the outside auditor's audit report.

Question

Quizplus · Accepted Answer

Footnotes about a company's segments provide detailed information about the different types of business activities and the economic environments in which the company operates, helping stakeholders understand the company's operations and financial performance.

Footnotes About a Company's Segments Are Useful Because the Notes