Cole Company Has the Following 2014 Financial Data: Cole

question 12

Multiple Choice

Cole Company has the following 2014 financial data: Cole Company should add segments if

• A)the sum of its segments' external revenue does not exceed $600,000.
• B)the sum of its segments' external revenue does not exceed $825,000.
• C)the sum of its segments' revenue including intersegment revenue does not exceed $600,000.
• D)the sum of its segments' revenue including intersegment revenue does not exceed $825,000.

---

Definitions:

Debt-Reduction Plan

A Debt-Reduction Plan is a strategy that individuals or organizations follow to pay off money owed, typically involving a structured payment schedule to reduce or eliminate debt over time.

Credit Card Spending

The total amount of money being charged to a credit card account for purchases and cash advances.

Pro-Rated

Adjusted according to a certain rate, portion, or amount. Often used for payments or charges that are calculated based on usage or time period within a full billing cycle.

Fixed Expenses

Expenses that do not change based on the quantity produced, such as furniture or machinery.