The following table is provided in the disclosures for interim reporting by Bigg Company, regarding the location of their assets. Based on the table, which of the following statements is true?
A) Only the U.S. and Mexico divisions would be reportable geographic divisions.
B) The U.S., Mexico and Canada divisions would be reportable geographic divisions.
C) All geographic divisions would be reportable, except for "other."
D) All geographic divisions would be reportable.

Question

The following table is provided in the disclosures for interim reporting by Bigg Company, regarding the location of their assets.  Based on the table, which of the following statements is true?
A) Only the U.S. and Mexico divisions would be reportable geographic divisions. 
B) The U.S., Mexico and Canada divisions would be reportable geographic divisions. 
C) All geographic divisions would be reportable, except for "other." 
D) All geographic divisions would be reportable.

Quizplus · Accepted Answer

According to the table provided, assets are located in the U.S., Mexico and Canada, which means that these three divisions would be considered reportable geographic divisions. "Other" cannot be considered as a separate division and cannot be reported on its own. Therefore, the answer is B.

The Following Table Is Provided in the Disclosures for Interim