For Purposes of Discontinued Operations, the Key Elements in Determining

question 37

Multiple Choice

For purposes of discontinued operations, the key elements in determining that a separate segment exists are that the component is

• A) a separate business and a separate legal entity.
• B) a separate legal entity and generates its own net cash flows.
• C) in a separate geographic region and can be sold.
• D) a separate business and generates its own cash flow.

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Definitions:

Brown-Peterson Task

A cognitive experiment that tests short-term memory's ability to retain dissimilar items over various time intervals.

Short-term Memory

The power to retain minimal information in an active, easily accessible form for a short timeframe.

List Memory

The ability to remember sequences or lists of items, a fundamental aspect of human memory function.

Short-term Memory

A temporary storage system in the brain for holding a small amount of information readily available for a short period of time.