12 - Reason: According to SFAS No. 131, separately reported...

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25. what is the minimum number of operating segments that must be separately reported? a) ten b) segments with at least 75% of revenue as measured by the revenue test c) at least 75% of the segments must be separately reported d) segments with at least 75% of the revenue generated from outside parties.
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Unformatted text preview: Reason: According to SFAS No. 131, separately reported operating segments must generate at least 75% of total sales made by the company to outside parties....
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This note was uploaded on 02/21/2012 for the course ACT 492 taught by Professor Ngo during the Fall '11 term at Colorado.

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