Which of the Following BEST Describes Profit from Continuing Operations

question 56

Multiple Choice

Which of the following BEST describes profit from continuing operations?

• A)The gains and losses from transactions that are not part of the normal operations of the business
• B)The profit or loss generated from the normal operations of the business
• C)The profit or loss from segments of the business that have been sold or terminated
• D)The profit or loss generated from unusual or infrequent events

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Definitions:

Invested Rate

Refers to the interest rate applied to an investment or the return rate achieved on invested capital.

Pay Off

To completely settle a debt or obligation, typically referring to the full repayment of a loan or financial liability.

Economic Value

The worth of a good or service determined by the benefits it provides to the consumer, often reflected in its price on the market.

Series of Payments

Multiple payments made over time, often at fixed intervals.