The thresholds for segmental financial reporting exclude ________.
A)10% of total internal and external revenues
B)10% of total internal and external expenses
C)10% of total assets
D)10% of the absolute value of the larger of aggregate segment profits or aggregate segment losses

Question

Quizplus · Accepted Answer

The thresholds for segmental financial reporting typically include 10% of total revenues, total assets, and the absolute value of the larger of aggregate segment profits or losses, but not 10% of total expenses.

The Thresholds for Segmental Financial Reporting Exclude ________