Question
Nigel Corp. had six different operating segments reporting the following operating profit and loss figures: Segment Profit or (Loss) A $ 115,000 B (196,500 )
Nigel Corp. had six different operating segments reporting the following operating profit and loss figures:
| Segment | Profit or (Loss) | ||
| A | $ | 115,000 | |
| B | (196,500 | ) | |
| C | 1,317,000 | ||
| D | (618,000 | ) | |
| E | (127,000 | ) | |
| F | (141,000 | ) | |
Which one of the following statements is true?
rev: 07_21_2020_QC_CS-220730
Multiple Choice
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Segment A is a reportable segment based on this test.
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Segment B is not a reportable segment based on this test.
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Segment E is a reportable segment based on this test.
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Segment C is not a reportable segment based on this test.
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Segment D is a reportable segment based on this test.
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Pioneers Of A Profession Chartered Accountants To 1879
Authors: Jas. C. Stewart
1st Edition
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