For Internal Decision-Making Purposes,Falcon Corporation Identifies Its Industry Segments by Geographical

question 48

Essay

For internal decision-making purposes,Falcon Corporation identifies its industry segments by geographical area.For 2014,the total revenues of each segment are provided below.There are no intersegment revenues.
Required:
1.Which operating segments will be considered reporting segments based on the revenue test?
2.What is the test value for determining whether a sufficient number of segments are reported?
3.What will be the minimum number of segments that must be reported?

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Definitions:

Discriminate

To unjustly distinguish and treat people differently based on characteristics like race, age, sex, or disability.

Sexual Harassment

Unwelcome sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature.

Work Engagement

The degree of enthusiasm and involvement an employee demonstrates towards their job and workplace.

Organizational Commitment

The level of an employee's psychological attachment to their organization, characterized by their loyalty and belief in the organization's goals and values.