Problem
1. Finite and rigid uniformity would result in different information being received by users of financial statements. What difference would this make in terms of resource allocation when viewed from a macroeconomic standpoint?
2. Why does segment disclosure in SFAS No. 131 represent a potential improvement over segment disclosure in SPA.S No.
3. How do protective and informative disclosure differ?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.