The Discontinued Operations Section of the Statement of Income Refers

question 123

Multiple Choice

The discontinued operations section of the statement of income refers to

• A)discontinuance of a product line.
• B)the net income or loss on products that have been completed and sold.
• C)sale of obsolete equipment and discontinued inventory items.
• D)the disposal of a major line of business or major geographical area of operations.

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Definitions:

Before Print

An event triggered in applications before a document or report is sent to the printer.

After Update

An event or trigger in programming that executes a specified action after a record or field has been updated.

Form Events

Actions or occurrences that happen during the lifecycle of a form in an application, such as when a form is opened or data is submitted.

After Update

An event triggered in database applications after a change has been made to a data field or record.