Assume an enteiprise has 10 operating segments. Five operating segments qualify as reportable segments by passing one

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Assume an enteiprise has 10 operating segments. Five operating segments qualify as reportable segments by passing one of the 10% tests. However, their combined revenues from sales to unaffiliated customers total only 70% of the combined unaffiliated revenues from all operating segments. Should the remaining five operating segments be aggregated and shown as an “other segments” category? Explain.

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Advanced Accounting

ISBN: 9780131851221

9th Edition

Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony

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