Segment Assets Are

question 26

Multiple Choice

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.

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Definitions:

Forward Rate

The interest rate agreed upon now for a loan to be made or currency to be delivered at a future date, used in forward contracts and currency exchange.

Future Spot Rate

The anticipated exchange rate at which one currency will be exchanged for another in the spot market at a future date.

Cash Flow Hedge

A risk management technique used by companies to protect against the risk associated with fluctuations in cash flows, typically related to future interest or currency exchange rates.

Canadian Dollars

The official currency of Canada, often represented by the symbol CAD or sometimes C$ to distinguish it from other dollar-denominated currencies.