Note: This Is a Kaplan CPA Review Question

question 19

Multiple Choice

Note: This is a Kaplan CPA Review Question
Cott Co.'s four business segments have revenues and identifiable assets expressed as percentages of Cott's total revenues and total assets as follows:
Which of these business segments are deemed to be reportable segments?

• A) Ebon, Fair, Gel, and Hak
• B) Ebon only
• C) Ebon and Fair only
• D) Ebon, Fair, and Gel only

---

Definitions:

Trade Deficit

An economic circumstance where the amount a country spends on importing goods and services exceeds the amount it earns from exporting them.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, resulting in increased interconnectedness and interdependence.

Subsidies

Financial support provided by the government to individuals, businesses, or institutions to encourage certain activities or reduce the cost of products.

GDP

Gross Domestic Product, a measure of the economic performance of a country, calculated by adding the total value of all goods and services produced within its borders over a specific time period.