The Australian manager reports to the chief operating officer. Australian segment, which contributes 10% of total revenues, 2% of assets, and 4% of profits. The African operating manager reports to the British operating manager.Ĭ. African segment, which contributes 9% of the company’s assets, 16% of total revenues, and 18% of profits. South American operating manager reports to the chief operating officer.ī. South American segment, which contributes 8% of total revenues, 5% of profits and accounts for 9% of assets. For the 2014 annual report, which business segment should be reported as an operating segment?Ī. Drillfast is a drilling corporation with operations at oil rigs around the world. We offer almost 500 FAR questions that can help you improve your FAR CPA score.ġ. Here are 12 FAR CPA exam practice questions with detailed answers that are similar to the type of questions you can find our FAR sample exams. ****Updated Octo– we’ve updated the FAR CPA exam sample questions to take into account the new lease distinctions.
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