Segment revenues as not including:
A) Interest earned on loans to other segments.
B) Interest or dividend income, unless the segment's operations are primarily of a financial nature.
C) Joint venturer's revenues from its share of joint venture operations.
D) Interest earned on loans to other segments and interest or dividend income, unless the segment's operations are primarily of a financial nature.
E) All of the given answers.

Question

Quizplus · Accepted Answer

This is the only choice that correctly excludes interest earned on loans to other segments and interest or dividend income, unless the segment's operations are primarily of a financial nature. The other choices either exclude too much or not enough.

Segment Revenues as Not Including