Question
Waterway Company is involved in four separate industries. The following information is available for each of the four industries. Operating Segment Total Revenue Operating Profit
Waterway Company is involved in four separate industries. The following information is available for each of the four industries.
| Operating Segment | Total Revenue | Operating Profit (Loss) | Identifiable Assets | ||||
|---|---|---|---|---|---|---|---|
| W | $63,800 | $16,780 | $160,370 | ||||
| X | 10,990 | 2,550 | 80,185 | ||||
| Y | 27,500 | (3,240) | 19,355 | ||||
| Z | 7,710 | 1,210 | 16,590 | ||||
| $110,000 | $17,300 | $276,500 | |||||
Determine which of the operating segments are reportable based on the:
| Reportable Segments | ||||
|---|---|---|---|---|
| (a) | Revenue test. | select an operating segment W,X,Y,Z; W & X; W & Y; W & Z; X & Y; X & Z; Y & Z; W, X & Y | ||
| (b) | Operating profit (loss) test. | select an operating segment W,X,Y,Z; W & X; W & Y; W & Z; X & Y; X & Z; Y & Z; W, X & Y | ||
| Identifiable assets test. | select an operating segment W,X,Y,Z; W & X; W & Y; W & Z; X & Y; X & Z; Y & Z; W, X & Y |
Note: That is all the information provided for the question.
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Auditing Your Payment Cards Processes Systems And Applications A Step By Step PCIDSS Compliant Audit Program A Practice Guide For Payment Card Brands Issuers Acquirers Processors And Switches
Authors: Nwabueze Ohia
1st Edition
1521799229, 978-1521799222
