Where the entity's primary format for reporting segments is geographical then disclosures in addition to those required when the primary format is business segments are required.These disclosures depend on:
A) Whether the segments are business segments or geographical segments.
B) The relative size of the assets invested in geographical segments.
C) The accounting policies applied to calculating the revenues, expenses, assets and liabilities of the segments.
D) Whether the segments are based on the location of assets or location of customers.
E) None of the given answers.

Question

Quizplus · Accepted Answer

When the primary format for reporting segments is geographical, additional disclosures depend on whether the segments are based on the location of assets or the location of customers.

Where the Entity's Primary Format for Reporting Segments Is Geographical