CFA CFA Level 1 Question of the Week – Financial Reporting and Analysis

Question of the Week – Financial Reporting and Analysis

  • Author
    Posts
    • AdaptPrep
      Participant
      Up
      6
      Down

      Which one of the following is not a quantitative criterion necessitating a company to disclose separate information about any operating segment?

      • The segment constitutes 10 percent or more of combined operating profit,
        assets, or revenue.
      • The combined revenue from external customers for all reportable segments is
        less than 75 percent of the total company revenue.
      • A single customer represents 20 percent or more of the company’s total
        revenue.
    • AdaptPrep
      Participant
      Up
      3
      Down

      The quantitative criteria
      necessitating a company to disclose separate information about any operating
      segment are:

      • The segment constitutes 10 percent or more of
        combined operating profit, assets, or revenue.
      • The combined revenue from external customers for
        all reportable segments is less than 75 percent of the total company revenue.
      • A single customer represents 10 percent or more
        of the company’s total revenue.
Viewing 1 reply thread
  • You must be logged in to reply to this topic.