Which of the Following Is Not a Threshold for Identifying

question 7

Multiple Choice

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

• A)The segment contributes at least 10% of the organization's total revenues.
• B)The segment contributes at least 10% of the organization's operating profits.
• C)The segment contributes at least 10% of the organization's combined assets of all operating segments.
• D)The segment contributes at least 10% of the organization's total expenses.

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Definitions:

Mid-ocean Ridge

A mid-ocean ridge is an underwater mountain system formed by plate tectonics, characterized by a rift at the crest through which magma rises, creating new oceanic crust.

Back-arc Spreading

A geologic process occurring behind a subduction zone, where new oceanic crust is formed by the spreading and melting of the mantle.

Plate-tectonic Setting

The geological and geographical context of an area in relation to the movement and interaction of tectonic plates.

Aleutian Islands

A chain of volcanic islands located in the northern Pacific Ocean, extending from Alaska towards Russia.