Which one of the following operating segment information items is not directly named by GAAP to be reconciled to consolidated totals?
A)Assets
B)Liabilities
C)Revenues
D)Profit or loss

Question

Quizplus · Accepted Answer

GAAP requires the reconciliation of segment revenues, profit or loss, and assets to consolidated totals, but it does not specifically require the reconciliation of segment liabilities to consolidated totals.

Which One of the Following Operating Segment Information Items Is