In determining whether a particular operating segment is of significant size to warrant disclosure, which of the following is true?

A) three treats are applied, and all three must be met
B) four tests are applied, and only one must be met
C) three tests are applied, and only one must be met
D) Four tests are applied, and all four must be met

Answer: C) three tests are applied, and only one must be met

Business

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A(n) ________ does not take title to goods and represents buyers or sellers on a more permanent basis than a broker

A) full-service wholesaler B) industrial distributor C) agent D) retailer E) cash-and-carry wholesaler

Business

Power that derives from the recognized ability of someone to make decisions is referred to as:

A) referent power. B) legitimate power. C) expert power. D) reward power.

Business