财经大学高级财务会计国际学院题库 .pdfVIP

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AdvancedAccounting,11e(Beams/Anthony/Bettinghaus/Smith)

Chapter15SegmentandInterimFinancialReporting

MultipleChoiceQuestions

1)Similaroperatingsegmentsmaybecombinedifthesegmentshavesimilareconomiccharacteristics.

WhichoneofthefollowingisasimilareconomiccharacteristicunderGAAP?

A)Thesegmentsmanagementteams

B)Thetaxreportinglawsections

C)Thedistributionmethodforproductsorservices

D)Theexpectedratesofreturnandriskforthesegmentsproductiveassets

Answer:C

Objective:LO2

Difficulty:Easy

2)Whichofthefollowingconditionswouldnotindicatethattwobusinesssegmentsshouldbeclassified

asasingleoperatingsegment?

A)Theyhavesimilaramountsofintersegmentrevenuesorexpenses.

B)Theyhaveasimilardistributionmethodforproducts.

C)Theyhavesimilarproductionprocesses.

D)Theyhavesimilarproductsorservices.

Answer:A

Objective:LO2

Difficulty:Easy

3)GAAPrequiresthatsegmentinformationbereported

A)bygeographics,withoutregardtosizeofthesegment.

B)bygeographics,withoutregardtoindustryorproduct-line.

C)howevermanagementorganizestheenterpriseintounitsforinternaldecision-makingand

performance-evaluationpurposes.

D)byindustryorproduct-line,withoutregardtogeographics.

Answer:C

Objective:LO1

Difficulty:Easy

4)GAAPrequiresdisclosuresforeachreportableoperatingsegmentforeachofthefollowing,except

for

A)Revenues.

B)Depreciationexpense.

C)RDexpenditures.

D)Extraordinaryitems.

Answer:C

Objective:LO4

Difficulty:Easy

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5)Whatisthethresholdforreportingamajorcustomer?

A)5percentofrevenues

B)5percentofprofits

C)10percentofrevenues

D)10percentofprofits

Answer:C

Objective:LO6

Difficulty:Easy

6)ColeCompanyhasthef