江西财经大学高级财务会计国际学院题库chapter_15.doc

《江西财经大学高级财务会计国际学院题库chapter_15.doc》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。

1、AdvancedAccounting,11e(Beams/Anthony/Bettinghaus/Smith)Chapter15SegmentandInterimFinancialReportingMultipleChoiceQuestions1)Similaroperatingsegmentsmaybecombinedifthesegmentshavesimilareconomiccharacteristics.WhichoneofthefollowingisasimilareconomiccharacteristicunderGAAP?A)Thesegments'managementtea

2、msB)ThetaxreportinglawsectionsC)ThedistributionmethodforproductsorservicesD)Theexpectedratesofreturnandriskforthesegments'productiveassetsAnswer:CObjective:LO2Difficulty:Easy2)Whichofthefollowingconditionswouldnotindicatethattwobusinesssegmentsshouldbeclassifiedasasingleoperatingsegment?A)Theyhavesi

3、milaramountsofintersegmentrevenuesorexpenses.B)Theyhaveasimilardistributionmethodforproducts.C)Theyhavesimilarproductionprocesses.D)Theyhavesimilarproductsorservices.Answer:AObjective:LO2Difficulty:Easy3)GAAPrequiresthatsegmentinformationbereportedA)bygeographics,withoutregardtosizeofthesegment.B)by

4、geographics,withoutregardtoindustryorproduct-line.C)howevermanagementorganizestheenterpriseintounitsforinternaldecision-makingandperformance-evaluationpurposes.D)byindustryorproduct-line,withoutregardtogeographics.Answer:CObjective:LO1Difficulty:Easy4)GAAPrequiresdisclosuresforeachreportableoperatin

5、gsegmentforeachofthefollowing,exceptforA)Revenues.B)Depreciationexpense.C)R&Dexpenditures.D)Extraordinaryitems.Answer:CObjective:LO4Difficulty:Easy26Copyright©2012PearsonEducation,Inc.PublishingasPrenticeHall5)Whatisthethresholdforreportingamajorcustomer?A)5percentofrevenuesB)5percentofprofitsC)10pe

6、rcentofrevenuesD)10percentofprofitsAnswer:CObjective:LO6Difficulty:Easy6)ColeCompanyhasthefollowing2011financialdata:Consolidatedrevenueperincomestatement$800,000Intersegmentsales200,000Intersegmenttransfers100,000Combinedrevenuesofallsegments$1,100,000ColeCompanyshouldaddsegmentsifA)thesumofitssegm

7、ents'externalrevenuedoesnotexceed$600,000.B)thesumofitssegments'externalrevenuedoesnotexceed$825,000.C)thesumofitssegments'revenueincludingintersegmentrevenuedoesnotexceed$600,000.D)thesumofitssegment