Which operating segments are separately reportable under the assets test?
A) DVDs only.
B) DVDs and MP3s.
C) DVDs and VCRs.
D) VCRs and MP3s.
E) DVDs, VCRs, and MP3s.

Question

Quizplus · Accepted Answer

The assets test requires segments to be separately reportable if their assets exceed 10% of the total assets of all operating segments. In this scenario, all three segments (DVDs, VCRs, and MP3s) are likely to meet this threshold, making them separately reportable. Therefore, choice E is the best answer.

Which Operating Segments Are Separately Reportable Under the Assets Test