Asked by
Nymani Reeves
on Oct 28, 2024Verified
Which of the following should be included in disclosures about the assets of a reportable segment?
A) a measure of the total assets of the segment
B) total additions to current assets
C) research and development expenditures
D) general corporate assets
Reportable Segment
A part of a company that can be identified for reporting purposes based on its products, services, or geographical location.
General Corporate Assets
Assets owned by a corporation that are used in the overall operations and support of the business, including both tangible and intangible assets.
Research and Development
Activities undertaken by a company to innovate and introduce new products or services, often categorized as an expense.
- Understand the fundamentals of segment reporting and the necessary disclosures for reportable segments.
Verified Answer
MB
Learning Objectives
- Understand the fundamentals of segment reporting and the necessary disclosures for reportable segments.