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In Reporting Discontinued Operations, the Income Statement Should Show in a Special

question 18

Multiple Choice

In reporting discontinued operations, the income statement should show in a special section
1. gains on the disposal of a discontinued component.
2. losses on the disposal of a discontinued component.

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Definitions:

Temperature

A measure of the hotness or coldness of a body or environment, indicative of the level of kinetic energy of particles in the object or the air.

Laryngeal Mirror

A medical instrument with a small, reflective surface used to view the larynx (voice box) and surrounding areas during an examination.

Mouth

The opening in the face of a person or animal, used for eating, breathing, and vocalization; part of the digestive system.

Dust

Fine particles of matter often consisting of tiny fragments of fiber, soil, and skin cells, which can accumulate on surfaces or become airborne.

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