1) If revenues from transactions with a single external customer amount to 10 per cent or more of an entity's revenues, the entity shall disclose A. The identity of a major customer. B. The amount of revenues that each segment reports from a major customer. C Botha and b D. Neither a norb No Yes Yes Yes 2) Segment reporting disclosures have been advocated in order to A. Determine cost allocations by segment. B. Estimate future consolidated profits due to growth, risk, and profitability differences among segments. C Minimize the income tax expense of various geographically based divisions. D. Improve marketing and distribution of various customer groups. 3) In reporting for a segment of a business enterprise, the operating profit or loss of a manufacturing segment includes: A B. D. Interest Expense Yes No Portion of Corporate Expense No No 4) Revenue of a segment includes A. only sales to unaffiliated customers. B. sales to unaffiliated customers and intersegment sales. Csales to unaffiliated customers and interest revenue. D. sales to unaffiliated customers and other revenue and gains. 5) A segment of a business enterprise is to be reported separately when the revenues of the segment exceed 10 percent of the A. total combined revenues of all segments reporting profits. B. total revenues of all the enterprise's industry segments. C. total export and foreign sales. D. combined net income of all segments reporting profits. 6) In financial reporting for operating segments of a public business enterprise, which of the following must be included in the reported amount of an operating segment's assets? b. Accumulated depreciation Marketable Securities Valuation Allowance Yes Yes C. a No No No Yes d. Yes No