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The Phrase "Income from Continuing Operations" Is Used Only When

question 119

True/False

The phrase "income from continuing operations" is used only when gains or losses on discontinued operations occur.


Definitions:

Reptiles

are a class of ectothermic, scaled vertebrates that include snakes, lizards, turtles, and crocodilians, distinct for their ability to lay eggs on land.

Dynamic

Pertaining to the forces or processes that stimulate growth or change within a system or process.

Uniform

Clothing of a distinctive design worn by members of a particular group as a means of identification, often used by military personnel, school students, and employees of certain companies.

Society

An organized group of persons associated together for religious, cultural, political, scientific, or other purposes.

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