Which of the Following Is True Concerning Discontinued Operations

question 157

Multiple Choice

Which of the following is true concerning discontinued operations?

• A) Only the gain or loss is reported on the income statement.
• B) It must be both unusual in nature and infrequent in occurrence.
• C) Analysts would not normally include this item in making their decisions.
• D) Net income or loss from prior years must also be disclosed in the year of disposition.

---

Definitions:

Nonmonogamous Sex

Sexual activities that occur outside the bounds of an exclusive two-partner relationship, may involve multiple partners.

Attractiveness

The quality of being physically appealing or pleasing to the senses, often influenced by individual preferences and societal standards.

Spirituality

The aspect of human experience related to a sense of connection to something greater than oneself, which can involve religious beliefs, personal growth, or a search for meaning.

Adolescent Patients

Individuals in the age range of 13 to 18 years old who are receiving medical care or treatment.