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Geographic Revenues, Segment and Interim Reporting

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What information about revenues by geographic area should a company present?

a) Disclose separately the amount of sales to unaffiliated customers and the amount of intracompany sales between geographic areas.
b) Disclose sas a combined amount sales to unaffiliated customers and intracompany sales between geographic areas.
c) Disclose separatel the amount of sales to unaffiliated customers but not the amound of intracompany sales between geographic areas.
d) No disclosure of revenues from foreign operations need to be reported

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ANSWER

a) Disclose separately the amount of sales to unaffiliated customers and the ...

Solution Summary

This solution identifies the correct answer relating to which revenues in specific geographic areas a company must present, and it also justifies why.

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