The Disposal of a Significant Component of a Business Is

question 151

Multiple Choice

The disposal of a significant component of a business is called

• A)a change in accounting principle.
• B)an extraordinary item.
• C)an other expense.
• D)discontinued operations.

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Definitions:

Correlation Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together.

Scientific Approaches

Refers to the methods and strategies used by researchers and scientists to investigate and understand phenomena, usually involving systematic observation, measurement, experiment, and the formulation, testing, and modification of hypotheses.

Nonscientific Approaches

Methods or theories not based on or adhering to the scientific method, often relying on subjective interpretation or anecdotal evidence.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in irrational or dysfunctional decision-making outcomes.