There is certain information that reportable segments are required to disclose only if that information is regularly reviewed by the chief operating decision-maker. Which of the following must be disclosed even if it is not regularly reviewed by the chief operating decision-maker?
A)Measure of profit/loss
B)Amortization and depreciation
C)Income tax expense/benefit
D)Interest revenue and expense

Question

Quizplus · Accepted Answer

The measure of profit/loss is a required disclosure for reportable segments regardless of whether it is regularly reviewed by the chief operating decision-maker. The other options listed may only need to be disclosed if they are regularly reviewed by the chief operating decision-maker.

There Is Certain Information That Reportable Segments Are Required to Disclose