Elektronix, Inc

question 24

Multiple Choice

Elektronix, Inc. has three operating segments with the following information: What is the minimum amount of revenue an operating segment must have to be considered a reportable segment?

• A) $650,000.
• B) $660,000.
• C) $670,000.
• D) $680,000.
• E) $690,000.

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Definitions:

Numeric Amount

A figure or value expressed in numbers, representing quantity or magnitude.

Electronic Check

A digital version or representation of a paper check, used to make electronic payments directly from a checking account.

Checking Account

A bank account that allows the account holder to withdraw funds, write checks, and make electronic transactions.

Via The Internet

The process or method of accessing information or services using the internet.