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Which of the following statements about segment reporting is not true? Select one: A. Segment...

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Accounting

Which of the following statements about segment reporting is not true?

Select one:

A. Segment reports are income statements that show operating results for portions of the business.

B. Product segment reports are designed to show the performance of product lines of a business.

C. Product segment reports are not really segment reports.

D. Statements A and B are correct.

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