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Which of the following qualifies as an operating segment? A. Corporate headquarters, which oversees $1 billion in sales for the entire company. B. Eastern Europe segment, which reports its results directly to the manager of the European division, and has 20% of the company’s assets, 12% of revenues, and 11% of profits. C. North American segment, whose assets are 12% of the company’s assets of all segments, and management reports to the chief operating officer. D. South American segment, whose results of operations are reported directly to the chief operating officer, and has 5% of the company’s assets, 9% of revenues, and 8% of the profits. |