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Tina Bailey, a student of intermediate accounting, was heard to remark after a class discussion on segment reporting, “All this is very confusing to me. First we are told that there is merit in presenting the consolidated results, and nowwe are told that it is better to show segmental results. I wish they would make up their minds.” Evaluate this comment.

Tina Bailey, a student of intermediate accounting, was heard to remark after a class discussion on segment reporting, “All this is very confusing to me. First we are told that there is merit in presenting the consolidated results, and nowwe are told that it is better to show segmental results. I wish they would make up their minds.” Evaluate this comment.

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter9: Responsibility Accounting And Decentralization
Section: Chapter Questions
Problem 1EB: Assume you have been hired by Cabelas Sporting Goods. As part of your new role in the accounting...
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Tina Bailey, a student of intermediate accounting, was heard to remark after a class discussion on segment reporting, “All this is very confusing to me. First we are told that there is merit in presenting the consolidated results, and now
we are told that it is better to show segmental results. I wish they would make up their minds.” Evaluate this comment.

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