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Reportable Segments
These are operational segments of a business that have distinct financial data available, and whose results are regularly reviewed by the entity’s chief operating decision maker.
Profits Test
A criterion used to evaluate the profitability of a business or investment, often assessing whether revenues exceed costs or expenses to determine financial viability.
Assets Test
A financial measure used to determine eligibility for certain government benefits based on the value of one's assets.
Profit Test
A determination to assess the viability and profitability of a project or investment by comparing costs against potential benefits.
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