Which of the Following Is Not a Limitation on the Number

question 40

Multiple Choice

Which of the following is not a limitation on the number of reportable segments?

• A)​Consistency, i.e., the number of reportable segments this period, must be the same as last period.
• B)​Usually the number of segments should not exceed 10.
• C)​At least 75% of the combined revenue of sales to unaffiliated firms should be traceable to reportable segments.
• D)​None of the above is a limitation.

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Definitions:

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The variation in worth between what a country buys from and sells to other countries during a specific time frame.

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A form of energy resulting from the existence of charged particles, widely used for lighting, heating, and powering machines and devices.

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A decade characterized by economic prosperity and cultural flourishing in the United States, also known as the "Roaring Twenties."

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A public marketplace where stocks, bonds, and other securities are bought and sold.