Howard Corporation has six different operating segments reporting the following operating profit and loss figures: A $ 80,000 profit D $440,000 loss B 140,000 loss E 50,000 profit C 100,000 profit F 170,000 profit With respect to the profit or loss test, which of the following statements is not true?
23. Howard Corporation has six different operating segments reporting the following operating
A $ 80,000 profit D $440,000 loss
B 140,000 loss E 50,000 profit
C 100,000 profit F 170,000 profit
With respect to the profit or loss test, which of the following statements is not true?
a. A is a reportable segment based on this one test.
b. C is not a reportable segment based on this one test.
c. E is not a reportable segment based on this one test.
d.F is a reportable segment based on this one test.
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