D is corrent because it is not one of the three thresholds for determining if an operating segment is a reportable segment. A reportable segment threshold exists if the assets are 10% or more of the combined assets of all segments, not 15% or more. The three thresholds for determining if an operating segment is a reportable segment are: (1) the segment revenue is 10% or more of combined revenue of all segments, (2) the absolute value of the segment profit or loss is 10% or more than the greater of the absolute (a) combined reported profit of all segments not reporting a loss or (b) combined reported loss of all segments reporting a loss, and (3) the segment assets are 10% or more of the combined assets of all segments.
A is incorrect because it is one of the three thresholds in determining if an operating segment is a reportable segment. An operating segment is a reportable segment if the absolute value of the segment profit or loss is 10% or more than the greater of the absolute (1) combined reported profit of all segments not reporting a loss or (2) combined reported loss of all segments reporting a loss.
B is incorrect because it is one of the three thresholds in determining if an operating segment is a reportable segment. An operating segment is a reportable segment if the segment revenue is 10% or more of combined revenue of all segments.
C is incorrect because it is one of the three thresholds in determining if an operating segment is a reportable segment. An operating segment is a reportable segment if the segment assets are 10% or more of the combined assets of all segments.
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