Which of the following disclosures is NOT required to be presented for a firm's reportable segments?
A) Information about segment assets
B) Information about the bases for measurement
C) Reconciliation of segment amounts and consolidated amounts for revenue, profit or loss, assets, and other significant items.
D) All of these must be presented.

Question

Quizplus · Accepted Answer

All of these disclosures are required for a firm's reportable segments according to accounting standards such as IFRS 8 and ASC 280. Information about segment assets, the bases for measurement, and reconciliation of segment amounts with consolidated amounts are all necessary for understanding the financial performance and position of each segment.

Which of the Following Disclosures Is NOT Required to Be