A Segment of a Business Enterprise Is to Be Reported

question 6

Multiple Choice

A segment of a business enterprise is to be reported separately when the revenues of the segment exceed 10 percent of the

• A) total combined revenues of all segments reporting profits.
• B) total revenues of all the enterprise's industry segments.
• C) total export and foreign sales.
• D) combined net income of all segments reporting profits.

---

Definitions:

Wage Gap

The disparity in earnings between different groups, often highlighted between genders or races for similar work and qualifications.

Cornerstone of Prosperity

A fundamental basis or condition required for economic growth or success.

Socialist Model

An economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole.