Segment assets are:
A) The net value of assets that are directly employed by a segment in its activities.
B) The gross value of assets attributable to the segment plus any share of centrally held assets that contribute to segment activities indirectly.
C) The current assets that constitute the working capital of the segment and are used directly in its activities plus any non-current assets specifically held for the purpose identified as the segment's business or geographical activity.
D) Those assets that are employed by a segment in its operating activities and that either are directly attributable to the segment or can be allocated to that segment on a reasonable basis.
E) None of the given answers.

Question

Quizplus · Accepted Answer

Segment assets are the assets employed by a segment in its operating activities and can be directly attributable or allocated to the segment on a reasonable basis. Option D correctly defines segment assets.

Segment Assets Are