Parr inc. is a multidivisional corporation which has both, Ask an Expert

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Parr, Inc. is a multidivisional corporation which has both intersegment sales and sales to unaffiliated customers. Parr should report segment financial information for each division meeting which of the following criteria?

A. Segment revenue is 10% or more of consolidated revenue.

B. Segment profit or loss is 10% or more of combined profit or loss of all company segments.

C. Segment profit or loss is 10% or more of consolidated profit or loss.

D. Segment revenue is 10% or more of combined revenue of all the company segments.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9447885

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