Assets That Are Held for Sale as Discontinued Operations

question 129

Multiple Choice

Assets that are held for sale as discontinued operations

• A)continue to be depreciated until sold.
• B)are removed from the statement of financial position and are disclosed in the notes instead.
• C)are not separately identified on the statement of financial position until they are sold.
• D)are segregated and reported on the statement of financial position at the lower of their carrying amount and fair value.

---

Definitions:

Cones

Photoreceptor cells in the retina of the eye responsive to bright light and capable of color vision.

Color Vision

The ability of the eye and brain to distinguish objects based on the wavelengths (or frequencies) of the light they reflect, emit, or transmit.

Pheromones

Chemical substances produced and released into the environment by an animal, affecting the behavior or physiology of others of its species.

Sexual Behavior

Actions expressing sexual desires and engaging in practices related to sexual intimacy.