CAF-6 · Chapter 6 · Question 8 of 15
An entity must disclose information about 'Major Customers' if revenues from transactions with a single external customer amount to what percentage or more of the entity's total revenue?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) 10%
Explanation
Disclosure about major customers is required if a single customer generates 10% or more of the entity's total revenue.
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