(Solved by Humans)-Problem 1-9A Information Needs and Setting Accounting Standards The Financial Accounting...
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Problem 1-9A Information Needs and Setting Accounting Standards The Financial Accounting Standards Board requires companies to supplement their consolidated financial statements with disclosures about segments of their businesses. To comply with this standard, the notes to the financial statements included in Marriott International’s Form 10-K for the fiscal year ended December 30, 2011 provides various disclosures for the five segments in which it operated at that time: North American Full-Service Lodging, North American Limited- Service Lodging, International Lodging, Luxury Lodging, and Timeshare. Required Which users of accounting information do you think the FASB had in mind when it set this standard? What types of disclosures do you think these users would find helpful? LO4
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This question was answered on: 10 May, 2025
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