The Following Information Relates to the Anna Corporation According to the Segment Reporting Requirements Under GAAP, Which of Operating

question 90

Multiple Choice

The following information relates to the Anna Corporation: $\begin{array}{lrrr}\text { Operating } && \text { Segment } \\\text { Segment } & \text { Revenues } & \text { Asssets } &\text { Profit (Loss) }\\\mathrm{A} & \$ 60 & \$ 350 & \$ 3 \\\mathrm{B} & 210 & 1,000 & (10) \\\mathrm{C} & 290 & 2,150 & (50) \\\mathrm{D} & 50 & 700 & 7\end{array}$ According to the segment reporting requirements under GAAP, which of these segments are considered reportable segments?

• A)B and C
• B)B and D
• C)B, C, and D
• D)A, B, C, and D

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Definitions:

Equation

An affirmation in mathematics that posits the equality of two different expressions.

Directly

Directly refers to a manner of action or occurrence that happens without any intervening factors or steps.

Square

A mathematical operation involving multiplying a number by itself, or a geometric figure with four equal sides and four right angles.

Flow Rate

The volume of fluid that passes a point in a given time, commonly used in contexts such as plumbing, rivers, and other fluid systems.