Which of the following is NOT a segment asset of an operatin

Which of the following is NOT a segment asset of an operating segment? Assets maintained for general corporate purposes. Assets used jointly by more than one segment. Assets directly associated with a segment. Assets used exclusively by a segment.

Solution

Correct choice: A

Asset maintained for general corporate purpose are usually unallocated and cannot be attributed to any department or segment. Such assets do not form part of core operations but are rather used as business support assets