4 Which of the following statements is true regarding the identifying factors used to...

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Accounting

4
Which of the following statements is true regarding the identifying factors used to determine which components of a business are operating segments?
Multiple Choice
Operating segments are components of an enterprise that engage in business activities and from which it only recognizes revenues.
The corporate controller reviews each operating segment's operating results to assess performance.
A component may be classified as an operating segment without revenues assuming that it generates a material level of expense.
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