The Disposal of a Significant Component of a Business Is

question 36

Multiple Choice

The disposal of a significant component of a business is called

• A) other comprehensive income.
• B) unrealized gain or loss.
• C) an other expense.
• D) discontinued operations.

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Definitions:

Data Security

Measures and practices implemented to protect digital data from unauthorized access, corruption, or theft.

Collecting Judgments

The process of obtaining the money awarded by a court decision from the debtor.

Dissociation

The severance of the relationship between a partner and a partnership or between a member and a limited liability company.

Carrying On

Continuing to engage in a particular activity or conduct business.