What Is the Minimum Amount of Assets an Operating Segment

question 39

Multiple Choice

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

• A) $ 1,400,000.
• B) $ 2,500,000.
• C) $ 4,100,000.
• D) $ 5,000,000.
• E) $25,000,000.

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Definitions:

Uncle Tom's Cabin

A novel by Harriet Beecher Stowe published in 1852 that significantly influenced American attitudes toward slavery and contributed to the abolitionist movement.

Harriett Beecher Stowe

An American author and abolitionist, best known for her novel "Uncle Tom's Cabin," which highlighted the harsh realities of slavery and galvanized anti-slavery sentiments before the American Civil War.

Abolition of Slavery

The legal and formal act of ending the practice of forcing individuals into servitude against their will.

James Fennimore Cooper

An early 19th-century American writer, celebrated for his historical novels of frontier and Native American life, notably the "Leatherstocking Tales."