Which of the following is true about the 10% test?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Which of the following is true about the 10% test?
 
 
The 10% test is used to determine which segments can be combined.
The 10% test is used to determine reportable segments.
The 10% test can only be used if the entity has vertical integration.
The 10% test is used to determine identifiable segments.
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