In reporting segment information,an entity must provide a reconciliation of:
A) reportable segment sales revenue to total revenue.
B) reportable segment profit or loss before tax to total profit or loss before tax.
C) reportable segment assets and liabilities to total assets and liabilities.
D) all of the above.

Question

Quizplus · Accepted Answer

In reporting segment information, an entity must provide a reconciliation of all reportable segment information to total information. This includes reconciling reportable segment sales revenue to total revenue, reportable segment profit or loss before tax to total profit or loss before tax, and reportable segment assets and liabilities to total assets and liabilities. Therefore, option D is the correct answer.

In Reporting Segment Information,an Entity Must Provide a Reconciliation Of