For internal decision-making purposes, Elom Corporation's operating segments have been identified as follows:
Corporate assets are typically allocated back evenly to the segments for internal analysis purposes.
Required:
1. In applying the "asset" test to identify reporting segments, what is the test value for Elom Corporation?
2. Using the "asset" test, which of Elom's operating segments will also be reporting segments?

Question

For internal decision-making purposes, Elom Corporation's operating segments have been identified as follows:
  Corporate assets are typically allocated back evenly to the segments for internal analysis purposes.
Required:
1. In applying the "asset" test to identify reporting segments, what is the test value for Elom Corporation?
2. Using the "asset" test, which of Elom's operating segments will also be reporting segments?

Quizplus · Accepted Answer

The Answer of For internal decision-making purposes, Elom Corporation's operating segments have been identified as follows:
  Corporate assets are typically allocated back evenly to the segments for internal analysis purposes.
Required:
1. In applying the "asset" test to identify reporting segments, what is the test value for Elom Corporation?
2. Using the "asset" test, which of Elom's operating segments will also be reporting segments?

For Internal Decision-Making Purposes, Elom Corporation's Operating Segments Have Been