Question: Snhu4. Explain when segment reporting quantitative thresholds requires a public company to report separate information about an operating segment.An example of this is ASC 280-10-50-12

Snhu4. Explain when segment reporting quantitative thresholds requires a public company to report separate information about an operating segment.An example of this is ASC 280-10-50-12 which states that separate disclosure for an operating segment is necessary if a public company exceeds at least one of the quantitative thresholds.5. Cite the complete FASB Codification reference used for the explanation of interim reporting relating to SEC-register companies.6. Explain whether it is acceptable for an SEC-registered company to state the impracticality of determining components of inventory using the gross profit method in their interim reporting. Consider the following question to guide your response:A. Is it acceptable?B. Would a public company count inventories during each interim period?C. Will management be able to make reasonable estimates of inventory estimates? Why or why not?[Insert text.]References

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