1.Which of the following is NOT one of FASB's tests to determine if an operating segment is reportable?.

Revenue test

Profit or loss test

Asset test

2.How many of the three tests must an operating segment satisfy in order to be considered reportable?.

one

two

three

3.If a customer generates ______% of segment ____________, it is considered a Major Customer. The name of the customer _______ (must or need not) be disclosed.

10; consolidated revenues; need not

20; total revenues to external and internal customers; need not

10; consolidated revenues; must