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Question(s) / Instruction(s):

Identifiable assets for the 4 industry segments of Brittle Company are as follows:

Candy   $120,000

Stix         $240,000

Chips     $980,000

Gum      $ 45,000               

Brittle Company uses iGAAP for its external financial reporting. Using only the identifiable assets test, which of the segments are reportable?

a.            Candy, Stix, and Chips only.

b.            Stix and Chips only.

c.             Under iGAAP, all four segments must be reported.

d.            Chips only.

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