Which one of the following items must be disclosed for all reportable operating segments in the notes to financial statements?Revenue from external customers.Total Segment AssetsRevenues from foreign customers, identified by country.
A) I, II, and III
B) I and III only
C) II and III only
D) I and II only
E) There is no requirement of information to disclose for operating segments.

Question

Quizplus · Accepted Answer

According to IFRS 8 and ASC 280, companies must disclose revenue from external customers and total segment assets for each reportable operating segment. Revenues from foreign customers by country are not required for segment reporting.

Which One of the Following Items Must Be Disclosed for All