Which statements are correct regarding assets in financial accounting?

The statement regarding assets that is considered correct is that each asset must have a unique identifier. In financial accounting, unique identification is crucial for effective tracking, management, and reporting of assets throughout their lifecycle. This ensures transparent accounting practices and enables companies to maintain accurate records in compliance with financial regulations.

Having a unique identifier allows organizations to differentiate between various assets, streamline their management processes, and facilitate reporting and analysis, which is essential for consolidating financial statements and analyzing asset performance over time. It also helps in preventing discrepancies and maintaining the integrity of financial data across the accounting system.

In contrast, other options present inaccuracies regarding asset handling and accounting practices. For example, assets cannot be owned by multiple company codes because each asset typically corresponds to a single company code for financial reporting purposes. Additionally, assets can be acquired through various means, including internal creation, purchase from external sources, or leasing, not just internally. Finally, assets are indeed related to general ledger accounts as they impact the balance sheet and are reflected in the general ledger to maintain the overall financial system's coherence.