In accounting terms,the different business activities that the firm engages in or the different geographic regions it does business in are referred to as
A)operating activities.
B)business segments.
C)operating segments.
D)operating divisions.

Question

Quizplus · Accepted Answer

Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

In Accounting Terms,the Different Business Activities That the Firm Engages