What information does U.S. GAAP require to be disclosed for a major customer?
A) The identity of the customer.
B) The operating segment reporting sales to the customer.
C) The geographic area of the customer.
D) The percentage of sales derived from the customer.
E) The length of time the customer has been a customer of the company.

Question

Quizplus · Accepted Answer

U.S. GAAP requires disclosure of the operating segment that reports sales to a major customer, but not the identity, geographic area, percentage of sales, or length of time as a customer.

What Information Does U