The following table is provided in the disclosures for interim reporting by Bigg Company,regarding the location of their assets.

Based on the table,which of the following statements is true?
A)Only the U.S.and Mexico divisions would be reportable geographic divisions.
B)The U.S. ,Mexico and Canada divisions would be reportable geographic divisions.
C)All geographic divisions would be reportable,except for "other."
D)All geographic divisions would be reportable.

Question

The following table is provided in the disclosures for interim reporting by Bigg Company,regarding the location of their assets.

Based on the table,which of the following statements is true?
A)Only the U.S.and Mexico divisions would be reportable geographic divisions. 
B)The U.S. ,Mexico and Canada divisions would be reportable geographic divisions. 
C)All geographic divisions would be reportable,except for "other." 
D)All geographic divisions would be reportable.

Quizplus · Accepted Answer

According to the table provided, the company has more than 10% of its assets located in the U.S., Mexico, and Canada. Therefore, all three divisions would be considered reportable geographic divisions. The "other" division would not be reportable as it has less than 10% of the company's assets.

The Following Table Is Provided in the Disclosures for Interim