Which of the Following Tests May Be Used to Determine

question 40

Multiple Choice

Which of the following tests may be used to determine if an industry segment of an enterprise is a reportable segment under FASB ASC Topic 280?

• A) Its revenue (both from external customers and internal segments)is equal to or greater than 10 percent of total revenue (external and internal).
• B) The absolute value of its operating profit is equal to or greater than 10 percent of the total of the operating profit for all segments that reported profits (or the total of the losses for all segments that reported losses).
• C) The segment contains 10 percent or more of the combined assets of all operating segments.
• D) All of these.

---

Definitions:

Succession Management

A strategic process for identifying and developing new leaders who can replace old leaders when they leave, are promoted, or retire.

Human Capital Flows

The movement of skills, knowledge, and talents among regions, industries, or organizations, influencing productivity and growth.

Turnover Rates

The percentage of employees leaving an organization in a specific period compared to the total number of employees, often used as an indicator of workplace satisfaction and stability.

HR Forecasting Calculations

The process of estimating the future human resource needs of an organization based on its business plans and strategies.