What quantitative materiality test is applied to determine whether a segment is significant enough to warrant separate
Question:
What quantitative materiality test is applied to determine whether a segment is significant enough to warrant separate disclosure?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
After the company decides on the segments for possible disclosure a quantitative test is made to det...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0470423684
13th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
Question Posted:
Students also viewed these Accounting questions
-
What criterion is used to determine whether a parentsubsidiary relationship exists? Are U.S. GAAP and IFRS the same or different? Explain.
-
What are the two tests used to determine whether a group of corporations is a brother-sister group?
-
What standards can you use to determine whether a political action is ethical?
-
Determine which sets of vectors are orthogonal. 3 -2 1 3 -1 3 -3 4 3 8 7 0
-
Terra Cotta Designs manufactures custom tiles. The following information relates to the fiscal year ending December 31, 2017: Beginning balance in Raw Material Inventory ....................... $...
-
Ken Howard, financial analyst at KMW Corporation, is examining the behavior of quarterly maintenance costs for budgeting purposes. Howard collects the following data on machinehours worked and...
-
If, unlike a perfectly competitive employer, a monopsonist has to pay a higher wage to attract more workers, whywill a monopsonist pay a lower wage than a perfectly competitive employer?
-
Kathryn Shoemaker established Grandmothers Chicken Restaurant in Middleburg five years ago. It features a unique recipe for chicken,just like grandmother used to make. The facility is homey, with...
-
Please help with part D, all needed information is given below. I was given nothing else The zipper model is a cooperative model for helix-coil transitions. Here we demonstrate an important...
-
January 1, 2019, Poise Co. bought 70% ownership of Serenity Co. amounting to Rp. 245,000,000. Serenity Co.'s Equity Structure at the time of the merger, it consisted of Capital Stock of Rp....
-
What are diversified companies? What accounting problems are related to diversified companies?
-
Identify the segment information that is required to be disclosed by GAAP.
-
Repeat Example 5 if 500 shares of stock were purchased for $17.64 per share and sold 270 days later for $22.36 per share. Data from Example 5 An investor purchases 50 shares of a stock at $47.52 per...
-
how do i properly make a method that takes in a 1d array and prints out the information in the 1d array that contains a name of a city, country, double oneWay, and double roundtrip. This method...
-
PIZZA APP 1. Design an Android App. as shown below: PIZZA APP Pizza Size: Hawaian Ham & Cheese Small Crust Type: Thin Medium Thick 5:00 Specifications: Pizza Size & Price Hawaian (S) 100, (M) 150,...
-
explain and give the output { using System.Collections.Generic; using System.Linq; using System.Text; using System.Threading.Tasks; namespace InterfaceDemo { } { } public interface IFirst { void...
-
6. A beekeeper and a farmer with an apple orchard are neighbors. This is convenient for the orchard owner since the bees pollinate the apple trees: one beehive pollinates one acre of orchard....
-
I need help creating a user interface that has a top bar that includes a menu. The menu should have four items. When the user selects the first menu option, then the date and time should be printed...
-
Infinity Credit LLC makes loans to consumers secured by their homes. An Infinity Credit loan is an adjustable-rate mortgage if its interest rate a. adjusts periodically. b. changes with the consumers...
-
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
-
In his work Nova stereometria doliorum vinariorum (New Solid Geometry of a Wine Barrel), published in 1615, astronomer Johannes Kepler stated and solved the following problem: Find the dimensions of...
-
Derrick plc issues 4,000 restricted shares to its CFO, Dane Yaping, on January 1, 2022. The shares have a fair value of 120,000 on this date. The service period related to these restricted shares is...
-
Bedard Ltd. reported net income of 300,000 in 2022 and had 200,000 ordinary shares outstanding throughout the year. Also outstanding all year were 45,000 options to purchase ordinary shares at 10 per...
-
On January 1, 2021, Tsang Ltd. granted 10,000 options to key executives. Each option allows the executive to purchase one share of Tsangs HK$5 par value ordinary shares at a price of HK$20 per share....
-
You stand on a bathroom scale, the spring inside the scale compresses 5.35 mm, and it reads your weight as 650 N. Now if you fall from rest onto the scale from a height of 0.10 m, what does the scale...
-
How will you further develop resilience to remain highly productive in stressful, demanding situations that may be expected of you as a DBA holder in the workplace?
-
Luna's pet bird has a mass of 92.7 grams. The bird pushes off a 238-gram swing to launch itself horizontally into the air with a speed of 3.09 m/s. The impulse causes the swing to move like a...
Study smarter with the SolutionInn App