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To Determine Whether a Substantial Portion of a Firm's Operations

Question 3

Multiple Choice

To determine whether a substantial portion of a firm's operations are explained by its segment information, the combined revenue from sales to unaffiliated customers of all reportable segments must constitute at least:


A) 10% of the combined revenue of all operating segments.
B) 75% of the combined revenue of all operating segments.
C) 10% of the combined revenue from sales to unaffiliated customers of all operating segments.
D) 75% of the combined revenue from sales to unaffiliated customers of all operating segments.

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