Disclosures required for reportable segments include all of the following except
A)depreciation, depletion, and amortization expense
B)capital expenditures for additions to long-lived assets
C)research and development expenditures
D)interest revenue and interest expense

Question

Quizplus · Accepted Answer

Disclosures required for reportable segments include revenue, profit or loss, assets, liabilities, and other items like geographic information and major customers. None of the options include revenue, profit or loss, assets, or liabilities, which are required disclosures. However, research and development expenditures are not explicitly required to be disclosed for reportable segments.

Disclosures Required for Reportable Segments Include All of the Following