Which of the following info items with regard to a major customer must be disclosed?
A) The identity of the customer
B) The percentage of the total sales derived from the major customer
C) The operating segment making the sale
D) The geographic area from which the sale was made
Answer: C) The operating segment making the sale
Business
You might also like to view...
Which of the following led to the U.S. financial crisis of 2007-2009?
A) Financial innovation in mortgage markets B) Agency problems in mortgage markets C) An increase in moral hazard at credit rating agencies D) All of the above E) only A and B of the above
Business
Long-term liabilities are debts that will be paid at least three years into the future
Indicate whether the statement is true or false.
Business