The treasury department of drof motors invests excess funds


The Treasury Department of Drof Motors invests excess funds daily (e.g., in foreign currencies). It, thus, earns profits and losses, which are included in the company’s consolidated financial statements. Should Drof consider its Treasury operations as a (distinct) segment in preparing its external financial statements?

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Financial Accounting: The treasury department of drof motors invests excess funds
Reference No:- TGS01072601

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