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_____ FAS 131 Defines an Operating Segment as a Component

Question 48

Multiple Choice

_____ FAS 131 defines an operating segment as a component of an enterprise that has:


A) Assets that are 10% or more of consolidated assets.
B) Assets that are 10% or more of the combined assets of all segments.
C) Revenues that are 10% or more of consolidated revenues.
D) Revenues that are 10% or more of combined revenues of all segments.
E) None of the above.

Correct Answer:

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