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There are reconciliations of reportable segment revenues, profit or loss and assets, will it be tested in exam about the reconciliation?? I never meet it in my text book about the reconciliation.
If it will be tested, can you give me the format or tips to do it?Thanks.
If you have not come across it in your text book, where have you heard about it?
I believe that what you are asking is about the reporting of segments up to 75% of the total profits generated. And then there is a item “other income” which brings the detailed segmental information up to the reported profits
i look through the notes of my friends and there are a calculation about it. And it just like normal working but i cannot find it in my text book. Do you ever heard it?
i know that there is reconciliation but i also don’t meet it in textbook. i think if it is examinable, it may ask us to identify the operating segment to reportable segment.
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