REFERENCE: Ref.08_02 The Fratilo Co.had Three Operating Segments with the Following Information

question 20

Multiple Choice

REFERENCE: Ref.08_02
The Fratilo Co.had three operating segments with the following information:
In addition,revenues generated at corporate headquarters are $1,400.
-Kurves Corp.had six different operating segments reporting the following operating profit and loss figures:
Which one of the following statements is true?

• A)Segment A is a reportable segment based on this test.
• B)Segment B is not a reportable segment based on this test.
• C)Segment E is a reportable segment based on this test.
• D)Segment C is not a reportable segment based on this test.
• E)Segment D is a reportable segment based on this test.

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Definitions:

Bait And Switch

A deceptive marketing practice where customers are lured with the promise of a product or service at a certain price, only to find it unavailable and replaced with a more expensive option.

Account Kiting

The illegal practice of exploiting banking systems to create artificial funds by writing checks between several accounts.

Probable Cause

A standard of reasonable belief, based on facts, that is required to arrest a person, conduct a search, or seize property in legal proceedings.

Arrest Warrant

A legal document issued by a judge or magistrate which authorizes the police to arrest and detain an individual suspected of a crime.