YIV, Inc., is a multidivisional corporation that makes both intersegment sales and sales to external customers. If each division qualifies as an operating segment, YIV should report segment financial information for each division when it meets which of the following criteria?
Segment revenue is 10% or more of combined revenue of all the operating segments.

An entity separately reports information about an operating segment if it satisfies one of three tests: (1) Its revenue (including sales to external customers and intersegment sales or transfers) is equal to at least 10% of the combined revenue, internal and external, of all the entity’s operating segments; (2) its assets are equal to at least 10% of the combined assets of all operating segments; and (3) the absolute amount of its reported profit or loss is equal to at least 10% of the greater, in absolute amount, of the combined reported profit of all operating segments that did not report a loss or the combined reported loss of all operating segments that did report a loss. T/F