Coulanger Corp.identified four operating segments: A,B,C,and D.Segment A met the revenue test for identifying reportable segments while Segment C met the revenue test,profit or loss test,and asset test.Segment B and Segment D did not meet any of these tests.Which of these segments must be disclosed separately?

Question

Quizplus · Accepted Answer

Segment C met all three tests for identifying reportable segments and therefore must be disclosed separately in accordance with accounting standards. Segments A, B, and D did not meet all of the tests and do not require separate disclosure.