Which asset is not a segment asset?
AStock held by a segment unit
BReceivables of a segment unit
CAsset for general head-office use
DPlant used by a segment unit
Answer & Solution
Correct answer: C. Asset for general head-office use
Assets serving the enterprise generally or the head office are not employed in any single segment's operations.
Keep practising AS 17 Segment Reporting
Browse all AS 17 Segment Reporting questions for CA Inter, or explore more Accounting topics.
Related questions
Segment result includes interest expense. Segment liabilities then include what?Each business segment must be described by indicating what?A change in how revenues and expenses are allocated to segments leaves what unchanged?A material segment policy change needs nature and what else?On what basis are inter-segment transfers measured?If geography is primary, what is reported for large business segments?With business segments primary, which geographical segments need secondary revenue data?The reconciliation ties segment result to which enterprise item?