Posted: March 30th, 2016
How does US Accounting Code define an operating segment of a business? What threasholds are identified by SFAS 131, Section 280 10 50 for an operating segment to become reportable?
Explain operating segments of an enterprise.
How does US financial accounting law, Codification section 280 10 50 (SFAS 131) define an operating segment?
What thresholds must be met for an operating segment to be a reportable segment?
Provide a real life example to illustrate the above.
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