Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 8, Problem 13P

Which of the following information items with regard to a major customer must be disclosed?

  a.    The identity of the major customer.

  b.    The percentage of total sales derived from the major customer.

  c.    The operating segment making sales to the major customer.

  d.    The geographic area in which sales to the major customer are made.

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Which of the following information items with regard to a major customer must be disclosed? a. The identity of the major customer. b. The percentage of total sales derived from the major customer. c. The operating segment making sales to the major customer. d. The geographic area in which sales to the major customer are made.
Choose the correct. Which of the following information items with regard to a major customer must be disclosed?a. The identity of the major customer.b. The percentage of total sales derived from the major customer.          c. The operating segment making sales to the major customer.d. The geographic area in which sales to the major customer are made.
Under what conditions should a company disclose the amount of sales from a major customer?

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