Assume that an enterprise has ten operating segments. Of these, five segments qualify as reportable segments by

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Assume that an enterprise has ten operating segments. Of these, five segments qualify as reportable segments by passing one of the 10% tests. However, their combined revenues from sales to unaffiliated customers total only 70% of the combined unaffiliated revenues from all operating segments. Should the remaining five operating segments be aggregated and shown as an “other segments” category? Explain.

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Advanced Accounting

ISBN: 9780132568968

11th Edition

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

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