Schilling, Inc. has three operating segments with the following information:
-According to the revenues test, which segment(s) are separately reportable?
A) Silver only.
B) Crystal and Silver.
C) China and Crystal.
D) China and Silver.
E) China, Crystal, and Silver.

Question

Schilling, Inc. has three operating segments with the following information: 
-According to the revenues test, which segment(s) are separately reportable?
A) Silver only. 
B) Crystal and Silver. 
C) China and Crystal. 
D) China and Silver. 
E) China, Crystal, and Silver.

Quizplus · Accepted Answer

To pass the revenue test for separate reporting of segments, each segment must exceed 10% of the total combined revenue of all operating segments. In this case, China, Crystal, and Silver all have revenues greater than 10% of the total combined revenue, so they are separately reportable.