Problem

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

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 intra- entity sales between geographic areas.

b. Disclose as a combined amount sales to unaffiliated customers and intra- entity sales between geographic areas.

c. Disclose separately the amount of sales to unaffiliated customers but not the amount of intra-entity sales between geographic areas.

d. No disclosure of revenues from foreign operations need be reported.

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