BUSINESS SEGMENT Definition

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BUSINESS SEGMENT is a component of an enterprise that (a) provides a single product or service or a group of related products and services and (b) that is subject to risks and returns that are different from those of other business segments.

Learn new Accounting Terms

CABLE is the London dollar/sterling foreign exchange market - now outdated but still used by insiders.

PROFIT & LOSS ACCOUNT shows the net profit which is left after all relevant business expenses have been deducted.

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