What Is the Minimum Amount of Operating Profit or Loss

question 68

Multiple Choice

What is the minimum amount of operating profit or loss an operating segment must have to be considered a reportable segment?

• A) $124,000.
• B) $127,600.
• C) $100,000.
• D) $130,000.
• E) $140,000.

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Definitions:

Work Rules

Guidelines and regulations established by an employer to define acceptable behavior and ensure an orderly work environment.

Duty of Fair Representation

The legal obligation of a union to represent all members fairly, impartially, and in good faith.

Bargaining Unit

A group of employees with a clear and identifiable community of interests who are represented by a single labor union in negotiations and labor relations.

National Labor Relations Act

A foundational statute in United States labor law that guarantees the rights of employees to organize and to bargain collectively with their employers.