Which of the following characteristics would render the operating unit "reportable"? The operating unit comprises at least:
A) 5 percent of the assets of a company as a whole.
B) 10 percent of the revenues of the company as a whole.
C) 50 percent of the long term debt of the company as a whole.
D) 20 percent of the operating profit of the company as a whole.

Question

Quizplus · Accepted Answer

An operating unit is considered reportable if it meets the 10 percent threshold for revenue, profit, or assets according to segment reporting standards.

Which of the Following Characteristics Would Render the Operating Unit