What is a segment of an organization?

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
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What is a segment of an organization?

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Step 1: Definition

Segment:

A segment refers to a subsection of an organization. It can be any part or activity of the organization, which the manager seeks responsibility for its numbers. Segments can be passed on product lines, geography, territories, functions etc.

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