What is the minimum number of operating segments that must be separately reported? a. Ten. b. Segments
Question:
What is the minimum number of operating segments that must be separately reported?
a. Ten.
b. Segments with at least 75 percent of revenues as measured by the revenue test.
c. At least 75 percent of the segments must be separately reported.
d. Segments with at least 75 percent of the revenues generated from outside parties.
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The correct answer is b Segments with at least 75 percent of revenues as measured by the revenue tes...View the full answer
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Related Book For 
Advanced Accounting
ISBN: 978-1259444951
13th edition
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupni
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