test practice 2 - 201. award: 0 out of 0 points In applying...

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201. award: 0 out of 0 points In applying the asset test, what is the minimum amount an operating segment must have in order to meet the asset test for a reportable segment? $12.5. $15.2. $17.2. $18.4. $19.8. references 202. award: 0 out of 0 points Which operating segments are reportable under the asset test? None. Pails. Rakes, Pails, and Shovels. Rakes, and Hardware. Rakes, Pails, and Hardware. Schilling, Inc. has three operating segments with the following information: 203. award: 0 out of 0 points What is the minimum amount of revenue an operating segment must have to be considered a reportable segment?
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$12,000. $15,000. $15,500. $16,200. $16,700. references 204. award: 0 out of 0 points According to the revenues test, which segment(s) are separately reportable? Silver only. Crystal and Silver. China and Crystal. China and Silver. China, Crystal, and Silver. references Peterson Corporation has three operating segments with the following information: 205. award: 0 out of 0 points What is the minimum amount of revenue an operating segment must have to be considered a reportable segment? $3,900. $4,000. $4,100. $4,200. $4,400.
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references 206. award: 0 out of 0 points According to the revenues test, which segment(s) are separately reportable? Mowers only. Mowers and Edgers. Mowers and Weedeaters. Edgers and Weedeaters. Mowers, Edgers, and Weedeaters. references 207. award: 0 out of 0 points What amount of revenues must be generated from one customer before that party must be identified as a major customer? $3,900. $4,000. $4,100. $4,200. $4,400. Elektronix, Inc. has three operating segments with the following information: 208.
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award: 0 out of 0 points What is the minimum amount of revenue an operating segment must have to be considered a reportable segment? $650,000. $660,000. $670,000. $680,000. $690,000. references 209. award: 0 out of 0 points What is the operating profit or loss for the VCRs segment? $121,000 profit. $121,000 loss. $124,000 profit. $124,000 loss. $500,000 profit. references 210. award: 0 out of 0 points What is the minimum amount of operating profit or loss an operating segment must have to be considered a reportable segment? $124,000. $127,600. $100,000. $130,000. $140,000.
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references 211. award: 0 out of 0 points What is the minimum amount of assets an operating segment must have to be considered a reportable segment? $1,400,000. $2,500,000. $4,100,000. $5,000,000. $25,000,000. references 212. award: 0 out of 0 points Which operating segments are separately reportable under the revenues test? DVDs only.
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test practice 2 - 201. award: 0 out of 0 points In applying...

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