Quiz 03.95 – Identification of Non-required Segment Reporting Disclosures under U.S. GAAP
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Which of the following segment reporting disclosures is NOT mandatory under U.S. GAAP?
Which of the following segment reporting disclosures is NOT mandatory under U.S. GAAP?
What segment reporting disclosure is NOT required under International Financial Reporting Standards (IFRS)?
Match the terms given with their corresponding phrases, unqualified opinion, disclaimer, etc…
Match the given terms with their corresponding descriptions, current ratio, acid-test ratio, etc…
Match each phrase with its corresponding description, paid-in capital, prepaid expense, etc…
Cash and assets expected to be converted or consumed within 12 months or the operating cycle, whichever is longer, are classified as current assets.
Asks for the insurance expense that would appear on the income statement.