Operating profit or loss, net income, or some other common measure of profitability, revenues from external customers are part of the information about foreign operations that is required to be disclosed. Capital expenditures is not required to be disclosed as part of information about foreign operations. Long-lived assets are also required to be disclosed.

1. Which of the following is NOT part of the information about foreign operations that is required
to be disclosed? Operating profit or loss, net income, or some other common measure of
profitability Capital expenditures Long-lived assets Revenues from external customers
Solution
The capital expenditures is not the part of information about Foreign operations that is required
to be disclosed.