Five of Eight Internally Reported Operating Segments of Rollins Company

question 26

Multiple Choice

Five of eight internally reported operating segments of Rollins Company qualify under the standards set by FASB 131 (ASC 280) for segment reporting.However,the five identified segments do not meet the 75 percent revenue test.FASB 131 (ASC 280) prescribes that management:

• A)subdivide segments until there are at least 10 reportable segments.
• B)consolidate the remaining operating segments and include them under an "all other" category.
• C)select additional operating segments until the 75% threshold is met.
• D)include the heading "corporate headquarters" as an operating segment.

Identify the major geological periods and their characteristics.

Recognize the significance of the Cambrian explosion in evolutionary biology.

Understand the concepts underlying the geological time scale, including eras, periods, and mass extinctions.

Describe the evolution of life on Earth and the emergence of terrestrial life.

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Definitions:

Equally Distributed

A situation where resources, wealth, or opportunities are shared uniformly among all members of a population.

Industrially Advanced Countries (IACs)

Nations with highly developed economies, significant industrial production, and advanced technological infrastructure.

Per Capita Income

Represents the average income earned per person in a given area in a specified year.

Standard Of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.