Which operating segments are separately reportable under the operating profit or loss test?
A) DVDs only.
B) DVDs and MP3s.
C) DVDs and VCRs.
D) VCRs and MP3s.
E) DVDs, VCRs, and MP3s.

Question

Quizplus · Accepted Answer

The operating profit or loss test requires that segments with a profit or loss of 10% or more of the combined operating profit or loss of all segments be reported separately. DVDs and MP3s meet this criterion.

Which Operating Segments Are Separately Reportable Under the Operating Profit