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Rhinestone, Quartz and Lime are the three operating segments of Southerby Ltd. Which of the following statements is correct based on the information provided below?

image text in transcribed Rhinestone, Quartz and Lime are the three operating segments of Southerby Ltd. Which of the following statements is correct based on the information provided below? Only Quartz and Lime should be disclosed as reportable segments Quartz is not a reportable segment as it does not satisfy the profit/loss quantitative threshold Southerby Ltd needs to identify another reportable segment from 'other business units' component None of the statements given is correct

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