An operating segment is a reportable segment if
A)its operating profit is 10% or more of the combined operating profit of profitable segments.
B)its operating loss is 10% or more of the combined operating losses of segments that incurred an operating loss.
C)the absolute amount of its operating profit or loss is 10% or more of the company's combined operating profit or loss.
D)none of these answer choices are correct.

Question

Quizplus · Accepted Answer

The Answer of An operating segment is a reportable segment if
A)its operating profit is 10% or more of the combined operating profit of profitable segments.
B)its operating loss is 10% or more of the combined operating losses of segments that incurred an operating loss.
C)the absolute amount of its operating profit or loss is 10% or more of the company's combined operating profit or loss.
D)none of these answer choices are correct.

An Operating Segment Is a Reportable Segment If