Faulk Ltd Has Provided the Following Information - Under the Revenue Test Only, Which Segments Are Reportable

question 10

Multiple Choice

Faulk Ltd. has provided the following information: $$\begin{array} { | c | r | r | r | } \hline \text { Segment } & \text { Assets } & \text { Revenues } & \text { Profits } \\\hline \text { A } & \$ 60,000 & \$ 18,000 & \$ 9,000 \\\hline \text { B } & 120,000 & 90,000 & 3,000 \\\hline \text { C } & 120,000 & 52,500 & 15,000 \\\hline \text { D } & 30,000 & 300,000 & 120,000 \\\hline\end{array}$$
- Under the revenue test only, which segments are reportable?

• A)Segments A and C only
• B)Segments B and D only
• C)Segments B, C, and D only
• D)All the segments are reportable.

Describe the basic research tools and methods used in psychology.

Recognize the significance of introspection and its role in the development of psychology.

Differentiate between structuralism, functionalism, behaviorism, and humanistic psychology as historical approaches.

Appreciate the contribution of women to psychology and understand the shift in gender dynamics within the field.

---

Definitions:

Third Parties

External entities or individuals that are not the primary participants in a transaction or agreement but may be involved or affected by it.

Collectivist

A social theory favoring the group over individual interests, typically prioritizing community, cooperation, and collective well-being.

Individualist

A person or societal stance favoring independence and self-reliance in making choices and conducting affairs, often prioritizing personal goals over group objectives.

Anarchist

An individual who opposes organized government and seeks to promote a society based on voluntary cooperation and free association of individuals and groups.