Segment information
A) I only
B) II only
C) neither I or II
D) both I and II

Question

Quizplus · Accepted Answer

Segment information is typically disclosed in financial statements to provide insights into the geographical and product or service diversification of a company. It helps stakeholders understand which parts of the business are performing well or poorly. Both statements I and II (not provided here) would likely pertain to aspects of segment reporting, such as revenue, profit, assets, or liabilities by segment, which are essential for comprehensive financial analysis.

Segment Information