A business segment is part of a company that:
A)Requires only internal reporting.
B)Is separately identified by its products,services,or geographic market.
C)Requires special journals.
D)Requires subsidiary ledgers.
E)Cannot report its results separately.

Question

Quizplus · Accepted Answer

A business segment is a part of a company that is separately identified by its products, services, or geographic market. It requires separate reporting, as it operates independently from other segments of the company.

A Business Segment Is Part of a Company That