_____ Punex has three operating segments and a headquarters office. Information for the assets of these units at 12/31/06 follows:
In applying the 10% of assets test used to determine reportable segments, the 10% is applied to
A) $ 600,000
B) $ 650,000
C) $ 660,000
D) $1,260,000
E) $1,370,000

Question

_____ Punex has three operating segments and a headquarters office. Information for the assets of these units at 12/31/06 follows:
 In applying the 10% of assets test used to determine reportable segments, the 10% is applied to
A) $ 600,000 
B) $ 650,000 
C) $ 660,000 
D) $1,260,000 
E) $1,370,000

Quizplus · Accepted Answer

The Answer of _____ Punex has three operating segments and a headquarters office. Information for the assets of these units at 12/31/06 follows:
 In applying the 10% of assets test used to determine reportable segments, the 10% is applied to
A) $ 600,000 
B) $ 650,000 
C) $ 660,000 
D) $1,260,000 
E) $1,370,000

_____ Punex Has Three Operating Segments and a Headquarters Office