An operating segment is a reportable segment if it

A) satisfies the revenue test, profit test, and asset test
B) satisfies the revenue test, profit test, or asset test
C) operates predominately within a single industry
D) satisfies the net income test

Operating Segment

A component of a business for which discrete financial information is available and is regularly reviewed by the entity's chief operating decision maker for performance assessment and resource allocation.

Reportable Segment

A component of a business that is subject to separate reporting because it engages in business activities from which it may earn revenues and incur expenses, including revenues and expenses related to transactions with other components of the same company.

Revenue Test

A method to evaluate the viability or success of a business based on its ability to generate income.