Business, 27.11.2019 03:31 jones03riley

In 20x6 and 20x7, each of putney company's four operating segments met one of the three quantitative tests for segment reporting. in 20x8, segment b failed to qualify under the prescribed tests because of abnormal financial conditions. the other three segments qualified for reporting. for 20x8, segment b: (a) should be excluded from segment disclosure but referred to in the management letter to shareholders.(b) should be distinctly separated from the other three segments and listed as a "nonqualifying" segment.(c) should be combined with one of the other three segments and reported.(d) should be included in the segment disclosures at the discretion of management.

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In 20x6 and 20x7, each of putney company's four operating segments met one of the three quantitative...