A $190 credit item is posted as a debit. The trial balance column totals therefore will differ by

Which of the following statements is not true under U.S. GAAP?

A) Operating segments can be determined by looking at a company's organization chart B) Companies must combine individual foreign counties into geographic areas to comply with the geographic area disclosure requirements C) Companies that define their operating segments by product lines must provide revenue and asset information for the domestic country, for all foreign counties in total, and for each material foreign country D) Companies must disclose total assets, investment in equity method affiliates, and total expenditures for long-lived assets by operating segment

Which of the following is true of individuals belonging to the baby boom generation?

a. They have the least spending power than any other cohort. b. They spend more on food than any other generational demographic. c. They are the first generation of latchkey children. d. They are willing to change brands and try new things.