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Chambers Company has seven operating segments but only four (One, Two, Three, and Four) are of significant size to warrant separate disclosure. As a whole,

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Chambers Company has seven operating segments but only four (One, Two, Three, and Four) are of significant size to warrant separate disclosure. As a whole, the from sales to outside customers. In addition, the segments had $335,000 in intersegment sales (5282.000 + $53,000), One TWO Three Four Totals Five Six Seven Totals Outside Sales $278,000 288, eee 168, eee 158, eee $812,000 $108,000 88,000 58, eee $254, eee Intersegment Sales $118, eee 78, eee 48,000 38, eee $282, eee $ 21,000 11, eee 21, eee $ 53, eee Which of the following statements is true? Multiple Choice C ) A sufficient number of segments is being reported because those segments have $812.000 in outside sales of a total of $1066,000 for the company as a whole o Not enough segments are being reported because those segments have $1.094.000 in total revenues of a total of $1.401,000 for the company as a whole. 0 Not enough segments are being reported because those segments have $812,000 in outside sales of a total of $1066,000 for the company as a whole 0 A sufficient number of segments is being reported because those segments have $1.094.000 in total sales of a total of $1401000 for the company as a whole One. Two, Three, and Four) are of significant size to warrant separate disclosure. As a whole, the segments generated revenues of $1,066,000 (5812,000 - $254.000) 35,000 in intersegment sales ($282,000+ $53,000). cause those segments have $812.000 in outside sales of a total of $1066,000 for the company as a whole. ose segments have $1,094,000 in total revenues of a total of $1401,000 for the company as a whole. e segments have $812.000 in outside sales of a total of $1066.000 for the company as a whole cause those segments have $1094.000 in total sales of a total of $1401000 for the company as a whole

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