4. An enterprise is required to disclose information about its major customers if 10 percent or more

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4. An enterprise is required to disclose information about its major customers if 10 percent or more of its revenue is derived from any single customer. This disclosure must include:

a The products or services generating the revenue from such sales b The operating segment or segments making such sales and the total revenue from the customer c The name of the customer to whom the sales were made d The dollar amounts of revenue and any profit or loss on the sales

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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