Question
SegmentRevenueProfit/Assets (Loss) A$2,000,000$(4,000,000)$4,000,000 B4,000,000(1,000,000)2,000,000 C10,000,0003,000,0006,000,000 D20,000,000500,0004,000,000 E24,000,00010,500,000 14,000,000 REQUIRED i.Describe the attributes of an operating segment. iiDetermine which of the above segments would be a
SegmentRevenueProfit/Assets
(Loss)
A$2,000,000$(4,000,000)$4,000,000
B4,000,000(1,000,000)2,000,000
C10,000,0003,000,0006,000,000
D20,000,000500,0004,000,000
E24,000,00010,500,000 14,000,000
REQUIRED
i.Describe the attributes of an operating segment.
iiDetermine which of the above segments would be a reportable segment.Your answer should consider all attributes when determining a reportable segment.
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Using Microsoft Excel and Access 2016 for Accounting
Authors: Glenn Owen
5th edition
1337109048, 1337109045, 1337342149, 9781337342148 , 978-1337109048
