Wayne, Inc

question 21

Multiple Choice

Wayne, Inc. has four operating segments with the following information: Which operating segments are separately reportable under the revenue test?

• A) Tables and Chairs.
• B) Bookcases only.
• C) Tables, Bookcases, and Chairs.
• D) Bookcases, Cabinets, and Chairs.
• E) Tables, Bookcases, Cabinets, and Chairs.

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Definitions:

Environmental Factors

Various external elements, including economic, social, political, and ecological influences, that can affect an organization’s operation.

HRM

Human Resource Management, the strategic approach to the effective management of people in an organization, focusing on policies and systems.

Environmental Scanners

Individuals or tools that continuously monitor an organization’s external and internal environment to detect early signs of opportunities and threats that may influence strategic planning.

Critical Events

Significant occurrences that have a profound impact on an organization, requiring immediate attention and action.