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The company also heard that they may have to report some of their business segments...

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Accounting

The company also heard that they may have to report some of their business segments separately if they opt to incorporate.

1. Appraise one of the processes used to identify which segments would have to be reported separately. Provide examples to support your response.

2. How is this process effective in supporting transparency in financial reporting? Defend your response.

3. Provide suggestions to improve this process in an effort to sustain transparency. Defend your rationale.

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