In Applying the Asset Test, What Is the Minimum Amount

question 99

Multiple Choice

In applying the asset test, what is the minimum amount an operating segment must have in order to meet the asset test for a reportable segment?

• A) $12.5.
• B) $15.2.
• C) $17.2.
• D) $18.4.
• E) $19.8.

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Definitions:

Psychological Inconsistency

The state of holding conflicting cognitions (e.g., beliefs, attitudes) simultaneously, which can lead to discomfort and attempts to resolve the contradiction.

Induction

A logical process in which multiple premises, all believed true or found true most of the time, are combined to obtain a specific conclusion.

Deduction

A logical process wherein a conclusion follows necessarily from the premises presented, if the premises are true, the conclusion must also be true.

Theory of Planned Behavior

A psychological theory that links beliefs and behavior, suggesting that an individual's behavioral intentions are shaped by their attitudes, subjective norms, and perceived control over the behavior.