REFERENCE: Ref.08_07 Elektronix,Inc.has Three Operating Segments with the Following Information: in
Multiple Choice
REFERENCE: Ref.08_07
Elektronix,Inc.has three operating segments with the following information: In addition,revenues generated at corporate headquarters are $300,000,and common assets are $16,000,000.
-Which of the following is a criterion for determining whether an operating segment is separately reportable according to SFAS 131?
A) An operating segment's assets are 10 percent or more of combined segment assets.
B) An operating segment's assets are 10 percent or more of consolidated assets.
C) An operating segment's assets are 10 percent or more of combined segment liabilities.
D) An operating segment's assets are 10 percent or more of consolidated liabilities.
E) An operating segment's assets are 10 percent or more of corporate assets.
Correct Answer:

Verified
Correct Answer:
Verified
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