Assuming the Three Business Units Below Are Operating Segments and All

question 12

Multiple Choice

Assuming the three business units below are operating segments and all revenue earned are from external customers, in which of the following scenarios does Bromwell Ltd need to identify another reportable segment to be disclosed? $\begin{array}{|l|r|r|r|r|r|r|}\hline \begin{array}{l}\text { Revenue } \\\text { in } \$ 000\end{array} & \text { Toby } & \text { Bailey } & \text { Ron } & \text { Total operating segments } & \begin{array}{c}\text { Other business } \\\text { units }\end{array} &{\begin{array}{c}\text { Total } \\\text { Bromwell } \\\text { Ltd }\end{array}} \\\hline \text { I. } & 150 & 320 & 640 & 1110 & 500 & 1610 \\\hline \text { II. } & 220 & 280 & 550 & 1050 & 350 & 1400 \\\hline \text { III. } & 460 & 500 & 750 & 1710 & 630 & 2340 \\\hline\end{array}$

• A) I only.
• B) I and II.
• C) I and III.
• D) II and III.

Recognize the role and composition of a corporation's board of directors, including their appointment and responsibilities.

Differentiate between various types of corporate securities and their implications for ownership and control.

Grasp the means through which corporations can raise capital and the regulations surrounding these processes.

Comprehend the legal and ethical responsibilities of corporate officers and directors, including fiduciary duties and liability issues.

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Definitions:

Culture

The set of beliefs, practices, arts, customs, and social behavior of a particular nation or people.

Socialization

The process by which individuals learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Genetically Influenced

Traits or characteristics that are affected by genes inherited from one's parents.

Menstruation

The monthly discharge of blood and mucosal tissue from the inner lining of the uterus through the vagina.