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navik [9.2K]
3 years ago
14

True or false: When considering the elimination of a segment, management should look at more than the segment's performance repo

rt.
Business
1 answer:
Varvara68 [4.7K]3 years ago
3 0

Answer:Yes

Explanation:Yes

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D. Only customers receive a financial institution privacy notice automatically

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Let us take an illustration of all the points, primarily A is inaccurate because simply customers acquire a financial institution's privacy note directly. B and C are unreliable because, depending on the bank's privacy practices, both consumers and customers may have rights under the law and be able to opt-out. So, the answer will be D as we know that, the Privacy Rule demands thou to provide a note to each of your "customers" regarding your privacy systems.

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What are the two methods used to translate financial statements and how does the functional currency play a role in determining
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The two methods of translating financial statements are the current rate method/closing rate method and the temporal method

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Functional currency simply means the main currency used by a business. it could also be defined as the primary currency used in the economic environment in which a business operates as in where it generates most of its cash and also spends it

Functional currency determines to a large extent the method used in translation of financial statements. When there is no difference between local currency and foreign currency, current rate method is used and vice versa for temporal rate method

please find attached from Advanced Accounting

Hoyle, J., Schaefer, T., & Doupnik, T. (2015)

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