Question

Total liabilities of a company's reportable segments must be reported when the company provides supplemental information on operating segments using:

a) IFRS.
b) U.S. GAAP.
c) Both U.S. GAAP and IFRS.
d) Neither U.S. GAAP nor IFRS.

Answer 1

The total liabilities of a company's reportable segments must be reported using U.S. GAAP.

Step-by-step explanation:

The total liabilities of a company's reportable segments must be reported when the company provides supplemental information on operating segments using U.S. GAAP.