Question: Nigel Corp. had six different operating segments reporting the following operating profit and loss figures: Segment Profit or (Loss) A $ 115,000 B (196,500 )

Nigel Corp. had six different operating segments reporting the following operating profit and loss figures:

Segment Profit or (Loss)
A $ 115,000
B (196,500 )
C 1,317,000
D (618,000 )
E (127,000 )
F (141,000 )

Which one of the following statements is true?

rev: 07_21_2020_QC_CS-220730

Multiple Choice

  • Segment A is a reportable segment based on this test.

  • Segment B is not a reportable segment based on this test.

  • Segment E is a reportable segment based on this test.

  • Segment C is not a reportable segment based on this test.

  • Segment D is a reportable segment based on this test.

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