Huey, Dewey, and Louie Are the Three Operating Segments of Donald

question 11

Multiple Choice

Huey, Dewey, and Louie are the three operating segments of Donald Company. Which of the following statements is correct based on the information provided below?
$\begin{array}{|l|r|r|r|r|r|r|}\hline {\text { In } \mathbf{\$ 0 0 0}} &{\text { Huey }} & {\text { Dewey }} &{\text { Louie }} & {\begin{array}{c}\text { Total } \\\text { operating } \\\text { segments }\end{array}} &{\begin{array}{c}\text { Other } \\\text { business } \\\text { units }\end{array}} &{\begin{array}{c}\text { Total } \\\text { Donald } \\\text { Company }\end{array}} \\\hline \text { Revenue } & 275 & 130 & 410 & 815 & 295 & 1110 \\\hline \text { Profit/loss } & 100 & 30 & 185 & 315 & 60 & 375 \\\hline \text { Assets } & 355 & 215 & 750 & 1320 & 310 & 1630 \\\hline\end{array}$

• A) Huey, Dewey, and Louie are reportable segments of Donald Company.
• B) Only Dewey and Louie should be disclosed as reportable segments.
• C) Dewey is not a reportable segment as it does not satisfy the profit/loss quantitative threshold.
• D) Donald Company needs to identify another reportable segment from 'other business units' component.

---

Definitions:

Increases Dramatically

A significant and rapid rise or growth in quantity, level, or rate.

Cognitive Development

The construction of thought processes, including remembering, problem solving, and decision-making, from childhood through adulthood.

Jean Piaget

A Swiss psychologist known for his pioneering work in the development of child psychology, particularly in his theories of cognitive development and epistemological view called "genetic epistemology."

Theory

A systematically organized set of concepts, explanations, and propositions that explain or predict events or situations by specifying relations among variables.