Which Tests Must a Company Use to Determine Which Operating

question 108

Multiple Choice

Which tests must a company use to determine which operating segments require separate disclosure?

• A) Revenue test and asset test.
• B) Revenue test, profit or loss test, and asset test.
• C) Revenue test and profit or loss test.
• D) Profit or loss test and asset test.
• E) Revenue test, asset test, and liability test.

Calculate the stock value conversion rate for convertible bonds.

Determine the concept of buying bonds at a premium or a discount.

Calculate the premium and discount price of bonds.

Understand the concept of accrued interest in bond transactions.