In General,GAAP Encourages the Identification of Reportable Segments Based on the Following

question 19

Multiple Choice

In general,GAAP encourages the identification of reportable segments based on the following:

• A)Reported segments must account for at least 75% of all external and inter-segment sales.
• B)Reported segments must ideally account for at least 75% of all sales,unless there are many smaller divisions and separate reporting would create less clarity in reporting.
• C)If there are more than 10 reportable segments,the company should consider additional aggregation of their segments.
• D)Reported segments must account for 100% of the external sales,but only 75% of external and inter-segment sales.

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Definitions:

Skinner

B.F. Skinner, an influential American psychologist known for his work in behaviorism and the development of the theory of operant conditioning.

Psychosexual Stages

A series of developmental stages proposed by Freud, through which a child's personality develops, each characterized by the focus of libido on a different area of the body.

Freud

Sigmund Freud was an Austrian neurologist who founded psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Adult Personality

The combination of characteristics or qualities that form an individual's distinctive character in adulthood, often considered relatively stable over time.