Banks only pay compound interest

Which of the following items is not required to be reported in interim financial statements for each material operation segment?

a) revenues from external customers b) intersegment revenues c) segment assets d) segment profit or loss

Rodney, age 35, earned $40,000 last year and did not participate in an employer retirement plan. Rodney has a nonworking spouse, with whom he filed a joint income tax return. Which of the following statements is TRUE?

A) Rodney could establish an IRA for himself and contribute any amount he wishes to it. B) Rodney could establish separate IRAs for himself and his spouse and could deduct a contribution of $10,000 to his IRA and $5,000 to his spouse's IRA. C) Rodney could establish an IRA for himself but not for his spouse because she is unemployed. However, because he is married, he could contribute and deduct up to twice the maximum for an individual IRA, or $10,000. D) Rodney could establish a separate IRA for himself and another for his spouse and could deduct a contribution of up to the current annual maximum, which is adjusted annually for cost of living.