Question: An operating segment the company considers important does not meet any of the 10% quantitative thresholds. Which of the following is not correct consistent with
An operating segment the company considers important does not meet any of the 10% quantitative thresholds. Which of the following is not correct consistent with GAAP? The company:
I know it's either.....
- may further aggregate operating segments if the majority of aggregative criteria are met.
- mustnotreport separate information on that segment.
- may report on the segment if the information meets the objective of the standard.
- should consider whether reported segments represent at least 75% of total revenue.
I'm not sure of the answer or explanation. Could someone help me?
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