Asked by Widelyne Loiseau on Apr 26, 2024
Verified
Business may be segmented by all of the following except
A) region
B) product line
C) customer type
D) time period
Time Period
A specific duration for which financial statements are prepared or during which a certain financial performance is evaluated.
Region
A specific geographic area, often defined for operational, marketing, or administrative purposes within a larger context.
Product Line
A group of related products marketed by a company under a single brand name.
- Understand the significance of segment analysis within the realm of financial reporting.
Verified Answer
VK
Varun KarriMay 01, 2024
Final Answer :
D
Explanation :
Business can be segmented by region, product line, and customer type, but time period is not a common way of segmenting a business. Time periods may be used to analyze trends or performance, but not as a segmentation variable.
Learning Objectives
- Understand the significance of segment analysis within the realm of financial reporting.
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