Cherry Group Has Operating Segments in Three Different Locations $\bullet$ Melbourne $400 000

Cherry Group has operating segments in three different locations. Total assets for each segment are as follows:
$\bullet$ Melbourne $400 000
$\bullet$ Sydney $80 000
$\bullet$ Adelaide $20 000
Which operating segment(s) should be disclosed as reportable segment(s) of Cherry Group?

A) All segments are reportable segments;
B) Melbourne and Sydney are the only reportable segments;
C) Sydney and Adelaide are the only reportable segments;
D) Melbourne is the only reportable segment.

Correct Answer:

Verified

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