When a Settlement Gain or Loss Arises Due to Closing

question 39

Multiple Choice

When a settlement gain or loss arises due to closing a business segment it is recognized as a debit or credit to (in) :

• A)other costs within discontinued operations.
• B)accrued/prepaid pension cost.
• C)accrued pension obligation.
• D)pension expense.

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Definitions:

Vascular Tissue

Specialized tissue in plants that involves the transport of water and nutrients.

Guard Cells

Specialized cells in the epidermis of leaves and stems that control the opening and closing of stomata to regulate gas exchange.

Stomata

Small openings between two guard cells on the underside of leaf epidermis, through which gases pass.

Gas Exchange

The biological process by which organisms exchange oxygen and carbon dioxide with their environment, critical for respiration.