Question 4 (1 point) Saved A lessee should include the residual value in the minimum lease payments only if the residual value is guaranteed by the lessee. True False Question 5 (1 point) Saved Past service costs are included in other comprehensive income if a company follows IFRS. True False Question 6 (1 point) Segment data must explain a significant portion (e.g. 75%) of the company's business. True False Question 7 (1 point) A practical limit of five segments should be reported by one company. True False Question 8 (1 point) Applying the estimated annual tax rate to the interim taxable income and temporary differences to estimate interim income taxes is consistent with the discrete view for interim reporting. True False Question 9 (1 point) A defined contribution pension plan exposes the sponsor company to more risk than a defined benefit pension plan. True False Question 10 (1 point) The depreciation is not included in the operating activities section of statement cash flows if the direct format is used. True False Multiple-Choice Questions Question 11 (2 points) Saved Which of the following should be not included in cash equivalents? Money market funds purchased with excess cash Commercial paper Treasury bills Equity investments Question 13 (2 points) Which of the following is not a criterion to determine whether a business segment should be considered a reportable segment or not? The segment's cash from operating activities is at least 10% of the company's total cash from operating activities. The segment is considered an operating segment by the company's chief operating decision maker (CODM). The segment's assets are at least 10% of the company's total assets. The segment's revenue is at least 10% of the company's total revenue