The Disposal of a Significant Component of a Business Is

question 151

Multiple Choice

The disposal of a significant component of a business is called

• A)a change in accounting principle.
• B)an extraordinary item.
• C)an other expense.
• D)discontinued operations.

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Definitions:

Copyright Fees

Charges paid to copyright holders for the right to use their creative works, such as music, writing, or software.

Independent Artists

Musicians, painters, or other artists who work and produce without being attached to major companies or galleries, often emphasizing personal creative freedom.

National Interest

The geopolitical, economic, or cultural goals and objectives that a nation seeks to protect and achieve, as perceived by its government or populace.

Cross-Culturally

Pertains to or involving the comparison or analysis of different cultures, often to understand cultural diversity or similarities.