5.

Which statement is true concerning the 75% overall size

test for reportable segments?
a. The total external and internal revenue of all
reportable segments is 75% or more of the entity's
external revenue.
b. The total external revenue of all reportable segments is
75% or more of the entitys external and internal
revenue.
c. The total external revenue of all reportable segments
is 75% or more of the entity's external revenue.
d. The total internal revenue of all reportable segments is
75% or more of the entitys internal revenue.
6. The term chief operating decision maker
a. Refers to a manager with a specific title.
b. Must be by title in the financial reporting
for segments.
c. Must be described in the disclosures for the financial
reporting for segments.
d. Refers to a function of allocating resources to the operating segments
and assessing their performance.

7. Which statement is not true with respect to a chief

operating decision maker?
a. The term chief operating decision maker identifies a function and not necessarily a
manager with a specific åtle.
b. In some cases, the chief operating decision maker could
be the chief operating officer.
c. The board of directors acting collectively could
qualify as the chief operating decision maker.
 d. The chief internal auditoi would generally qualify as
chief operating decision maker.
8. In financial reporting for operating segments, an entity
shall disclose all of the following, except
a. Type of product and service from which each reportable
segment derives revenue,
b. The title of the chief operating decision maker.

c. Factors used to identify the reportable segments.

d. The basis of measurement of segment profit or loss and segment
assets.