Which of the following are established by FASB 131(ASC 280)as "enterprisewide disclosure" standards to provide more information about the risks to a company?
I.Information about dominant industry segments.
II.Information about major customers.
III.Information about geographic areas.
A)Both II and III
B)Both I and III
C)Both I and II
D)I,II,and II

Question

Quizplus · Accepted Answer

FASB 131 (ASC 280) requires disclosures about major customers and geographic areas as part of enterprisewide disclosures to provide more information about the risks to a company.

Which of the Following Are Established by FASB 131(ASC 280)as