Segment Reporting Requires Disclosure of Each Customer That Accounts for More

question 145

True/False

Segment reporting requires disclosure of each customer that accounts for more than 5% of total enterprise revenue.

---

Definitions:

Sparkling Mineral Water

Water that contains various dissolved minerals and is carbonated, providing a fizzy texture, often consumed as a beverage.

Product Complementarity

The extent to which one product enhances the use or value of another product, leading consumers to purchase them together.

Symbolic Meanings

Representations or associations that an object, action, or concept holds beyond its literal definition, often culturally defined.

Lifestyle

A way of living that reflects the attitudes, values, and behaviors of an individual or group.