1)The hardware operating segment of Assembly Corporation has the following revenues for the year ended December 31, 2017:

Sales to outsiders	$417,000
Intersegment transfers	23,000
Interest revenue-outsiders	7,000
Interest revenue-intersegment loans	33,000

For purposes of the revenue test, what amount will be used as total revenues of the hardware operating segment? A. $417,000. B. $440,000. C. $424,000. D. $460,000.

E. $480,000.

2.Which of the following are required to be disclosed in interim reports? A. Cash flows from investing activities. B. Change in cash. C. Total current liabilities. D. Total assets. E. Gross revenues.