A company that receives 10 percent or more of its revenue from sales to a single customer must disclose the

Question

Quizplus · Accepted Answer

A company must disclose both the identity of the customer and the amount of revenue earned from that customer if it represents 10 percent or more of its total revenue. This is required for transparency and to give investors a clear understanding of any significant customer relationships that could impact the company's financial performance. Simply disclosing the identity of the customer or the amount of revenue earned from that customer alone would not provide the necessary level of transparency.

A Company That Receives 10 Percent or More of Its