Which of the Following Statements Is False Concerning the Number

question 18

Multiple Choice

Which of the following statements is false concerning the number of operating segments that should be disclosed?

• A) At least 75 percent of total company sales made to outsiders should be presented.
• B) Even though an operating segment has been reportable in the past and is of continuing significance, it must meet at least one of the three reporting tests to report separately in the current year.
• C) If the 75 percent rule is not met by the results of applying all three reporting tests, additional segments must be disclosed separately despite their failure to satisfy even one of the three quantitative thresholds.
• D) If an operating segment qualifies for disclosure in the current year, prior period segment data presented for comparative purposes must be restated to reflect the newly reportable segment as a separate segment.
• E) The practical limit to the number of operating segments is 10.

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Definitions:

Intradermally

Pertaining to the administration of substances directly into the skin layers.

Absorbed

The process by which substances are taken up by another substance through chemical or physical means, such as a liquid being soaked up by a sponge.

Intramuscularly

A method of delivering medication directly into the muscles, allowing for rapid absorption into the bloodstream.

Absorbed

The process by which substances are taken into cells or across tissues, such as liquids absorbed by the skin or nutrients by the body.