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For Internal Decision-Making Purposes, Falcon Corporation Identifies Its Industry Segments

Question 16

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For internal decision-making purposes, Falcon Corporation identifies its industry segments by geographical area.For 2011, the total revenues of each segment are provided below.There are no intersegment revenues.
For internal decision-making purposes, Falcon Corporation identifies its industry segments by geographical area.For 2011, the total revenues of each segment are provided below.There are no intersegment revenues. Required: 1.Which operating segments will be considered reporting segments based on the revenue test? 2.What is the test value for determining whether a sufficient number of segments are reported? 3.What will be the minimum number of segments that must be reported? Required:
1.Which operating segments will be considered reporting segments based on the revenue test?
2.What is the test value for determining whether a sufficient number of segments are reported?
3.What will be the minimum number of segments that must be reported?

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Requirement 1
The reporting segments wil...

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