In general,GAAP encourages the identification of reportable segments based on the following:
A)Reported segments must account for at least 75% of all external and inter-segment sales.
B)Reported segments must ideally account for at least 75% of all sales,unless there are many smaller divisions and separate reporting would create less clarity in reporting.
C)If there are more than 10 reportable segments,the company should consider additional aggregation of their segments.
D)Reported segments must account for 100% of the external sales,but only 75% of external and inter-segment sales.

Question

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The Answer of In general,GAAP encourages the identification of reportable segments based on the following:
A)Reported segments must account for at least 75% of all external and inter-segment sales.
B)Reported segments must ideally account for at least 75% of all sales,unless there are many smaller divisions and separate reporting would create less clarity in reporting.
C)If there are more than 10 reportable segments,the company should consider additional aggregation of their segments.
D)Reported segments must account for 100% of the external sales,but only 75% of external and inter-segment sales.

In General,GAAP Encourages the Identification of Reportable Segments Based on the Following