When a Company Initially Remeasures the Value of a Discontinued

question 61

Multiple Choice

When a company initially remeasures the value of a discontinued operation, an adjustment is made to recognize ________.

• A) a loss, but not a gain, for the difference between book value of the net assets and their fair value.
• B) a loss, but not a gain, for the difference between book value of the net assets and their fair value net of selling costs.
• C) the gain or loss for the difference between book value of the net assets and their fair value.
• D) the gain or loss for the difference between book value of the net assets and their fair value net of selling costs.

Understand the role and goals of Global Sustainable Tourism Council (GSTC) in promoting sustainable practices worldwide.

Recognize barriers to sustainable consumer behavior in small communities or developing regions.

Identify and understand environmental regulations.

Comprehend strategies marketers use to communicate environmental initiatives.

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Definitions:

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief or behavior.

Abraham Maslow

A pioneering psychologist best known for creating Maslow's hierarchy of needs, a theory in human psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Fulfil Potential

The process of realizing or achieving one's maximum capabilities or possibilities in any given area or field.

Drive to Grow

An intrinsic motivation or internal force that propels individuals towards personal development and fulfillment.