What is the quantitative requirement for the revenue

Assignment Help Accounting Basics
Reference no: EM132789508

Problem 1: An entity shall disclose information about an operating segment when

a. Its reported external and internal revenue is 10% or more of the combined external revenue of all operating segments

b. Its reported external revenue is 10% or more of the combined external and internal revenue of all operating segments

c. Its reported external revenue is 10% or more of the combined external revenue of all operating segments

d. Its reported external revenue is 10% or more of the combined internal revenue of all operating segments

Problem 2: What is the quantitative requirement for the revenue that must be reported by reportable operating segments?

a. The total external and internal revenue of all reportable segments is 75% or more of the entity external revenue.

b. The total external revenue of all reportable segments is 75% or more of entity external and internal revenue.

c. The total external revenue of all reportable segments is 75% or more of the entity external revenue.

d. The total internal revenue of all reportable segments is 75% or more of the entity internal revenue.

Reference no: EM132789508

Questions Cloud

Explain how cannabis works in the body : Explain how cannabis works in the body by including information regarding the endocannabinoid system (ECS) and endocannabinoid deficiency syndrome.
Determine the net gst for the tax quarter : Determine the net GST for the tax quarter ended 30 August 2020, assuming that a valid tax invoice has been provided unless stated otherwise.
Guidelines for businesses operating in australia : OUTLINE the guidelines for businesses operating in Australia in regards to reporting of duty, excise and other overseas government charges.
Demonstrate an understanding of qualitative research : Conduct a critical appraisal of literature that demonstrates an understanding of qualitative research. Use the Chapter 7 Critiquing Criteria for Qualitative.
What is the quantitative requirement for the revenue : What is the quantitative requirement for the revenue that must be reported by reportable operating segments? The total external and internal revenue
Summarizing the sections of your ebp project proposal : You will develop and submit a PowerPoint presentation approximately 11-13 slides in length. The presentation should have bullets summarizing the sections.
What is the nok-czk forward rate with delivery : One- year fixed interest rates are 2.46% in Norway and 2.04% in the Czech Republic. What is the NOK/CZK forward rate with delivery in one year?
Who could be the chief operating decision maker : Who could be the chief operating decision maker? What is the approach prescribed by PFRS 8 in identifying an operating segment?
Benchmarking techniques : Research within the ITT Tech Virtual Library to find various ways a company can measure its performance using benchmarking techniques.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss fraud involving concealed liabilities and expenses

Briefly discuss fraud involving concealed liabilities and expenses, red flags associated with the fraud

  How much is deemed to earn each month

How much is she deemed to earn each month? Kimberley was enrolled as a full-time student for the whole year and had no earned income.

  What is the expected return of portfolio

What is the expected return of your portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places)

  What will be the nominal rate of return

What will be the nominal rate of return on a preferred stock with a $100 par value

  What adjustments to the financial statements

Explain what adjustments to the financial statements would be required from (a) above. Show all workings for any figures derived.

  Describe which perspective is most useful for each of the

contrast the logical and the physical views of data and discuss why separate views are necessary in database

  What is the accumulated postretirement benefit obligation

What is the accumulated postretirement benefit obligation at the beginning of 2021? What is interest cost to be included in 2021 postretirement benefit expense

  What is Fred gift to Terri

Fred creates an irrevocable trust with $1 million in cash, income payable to Terri (age 13) for 10 years, What is Fred gift to Terri

  Prepare the elimination entires

Prepare the elimination entires needed to complete a consolidation workpaper for 2010. Use the acquisition method to account for the non-controlling.

  What is the labor rate variance

Annapolis Company completes job #601 which has a standard of 640 labor hours at a standard rate of $18.90 per hour. The job was completed in 650 hours.

  What are the differences between a stock dividend a

the ceo of your company has asked you to make a speech at the next board of directors meeting to the directors on

  What information about its pension plan must a publicly

What information about its pension plan must a publicly traded company disclose in its interim financial statements?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd