Which of the Following Is a Criterion for Determining Whether

question 47

Multiple Choice

Which of the following is a criterion for determining whether an operating segment is separately reportable?

• A) An operating segment's assets are 10 percent or more of combined segment assets.
• B) An operating segment's assets are 10 percent or more of consolidated assets.
• C) An operating segment's assets are 10 percent or more of combined segment liabilities.
• D) An operating segment's assets are 10 percent or more of consolidated liabilities.
• E) An operating segment's assets are 10 percent or more of corporate assets.

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Definitions:

Food-Producing Society

Societies that rely primarily on agriculture and animal husbandry for their sustenance, having transitioned from foraging and hunting-gathering modes of subsistence.

Foraging

The act of searching for and exploiting food resources by animals, including hunting, fishing, and gathering plant materials.

Pastoralism

The breeding and managing of migratory herds of domesticated grazing animals, such as goats, sheep, cattle, llamas, and camels.

Subsistence

The action or fact of maintaining or supporting oneself, especially at a minimal level.