For an operating segment to be considered a reporting segment under the revenue threshold,its reported revenue must be 10% or more of
A)the combined enterprise revenues,eliminating all relevant intracompany transfers and balances.
B)the combined revenues,excluding intersegment revenues,of all operating segments.
C)the combined revenues,including intersegment revenues,of all operating segments.
D)the consolidated revenue of all operating segments.

Question

Quizplus · Accepted Answer

According to ASC 280-10-50-4, a segment is considered a reportable segment if its reported revenue is 10% or more of the combined revenues, including intersegment revenues, of all operating segments. Therefore, choice C is the correct answer.

For an Operating Segment to Be Considered a Reporting Segment