An Entity Is Permitted to Aggregate Operating Segments That Have

question 19

Multiple Choice

An entity is permitted to aggregate operating segments that have similar economic characteristics under certain circumstances.Which of the following circumstances would allow aggregation of a Entity A into Segment B?

• A)Entity A is expected to be included in Segment Z, an new segment, in future periods.
• B)Entity A was spun off from Entity C and is now owned directly by the parent entity.
• C)Entity A has recently filed bankruptcy and will be liquidated.
• D)Segment B consists of retail and wholesale operations and Entity A was primarily a retail establishment but is now engaged primarily in rendering services to the parent entity.

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The exchange of thoughts, opinions, or information between two or more people, typically involving verbal communication.

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The ability to apply learned skills or knowledge to new situations or contexts.

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The traditional educational setting where a teacher leads instruction to a group of students, usually organized in rows or groups, focusing on a set curriculum.