What Is the Minimum Amount of Assets an Operating Segment

question 39

Multiple Choice

What is the minimum amount of assets an operating segment must have to be considered a reportable segment?

• A) $ 1,400,000.
• B) $ 2,500,000.
• C) $ 4,100,000.
• D) $ 5,000,000.
• E) $25,000,000.

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Definitions:

High Ground

An area of elevated terrain that can provide strategic advantages, such as better visibility or defense, and is often sought after in military and construction contexts.

Tributaries

Streams or rivers that flow into a larger body of water, such as a larger river, lake, or ocean.

Subsidiary Channels

Secondary or minor channels or pathways that branch off from a main channel or river.

Main Channels

The primary paths or courses taken by a river or stream within its bed, directing the majority of flow and often deeper than adjacent areas.