Which of the Following Is Not a Quantitative Threshold for Determining

question 8

Multiple Choice

Which of the following is not a quantitative threshold for determining a reportable segment?

• A)Segment assets are 10% or more of the combined assets of all operating segments.
• B)The absolute value of a segment's profit or loss is 10% or more of the greater of (1)the combined reported profit of all operating segments that reported a profit or (2)the absolute value of the combined reported loss of all operating segments that reported a loss.
• C)Segment reported revenue,including intersegment revenues,is 10% or more of the combined revenue (both internal and external)of all operating segments.
• D)Segment residual profit after the cost of equity is 10% or more of the combined residual profit of all operating segments.

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Definitions:

Statehood

The condition or status of being recognized as an independent nation or a fully integrated part of an existing country, with all accompanying rights and responsibilities.

Missouri Compromise

The Missouri Compromise was an agreement passed in 1820 that allowed Missouri to enter the Union as a slave state and Maine as a free state to maintain the balance between slave and free states.

Expansionists

Individuals or groups who support the expansion of their country's territory or influence, often through colonization, military conquest, or economic pressure.