When defining a reportable segment, which of the following conditions would be sufficient to allow a company to combine two operating seg testing? Select one:
a. Both segments are required to adhere to U.S. Regulations for that industry.
b. The segments have a similar economic environment and similar business activities although they may sell different products.
c. The products sold by each segment are produced in the same plant.
d. Both segments are owned by the same parent company.
e. Both segments have several customers in common.
The correct answer and explanation is: