A segment that does not meet any of the materiality thresholds in the current period can never be disclosed as a reportable segment.

Question

Quizplus · Accepted Answer

A segment that does not meet the materiality thresholds in the current period can still be disclosed as a reportable segment if management believes it has significant importance, or if it has been reported in prior periods and provides valuable comparative information.

A Segment That Does Not Meet Any of the Materiality