On the Income Statement,income from Discontinued Operations Is Shown

question 3

Multiple Choice

On the income statement,income from discontinued operations is shown: 

• A) as an accounting principle change.
• B) without any income tax effect.
• C) as a separate section of income from continuing operations.
• D) net of taxes after income from continuing operations.

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Definitions:

Procedural Law

The body of law that establishes the methods and rules for legal proceedings and litigation.

Legal Assistant

A person who assists lawyers by performing legal research, preparing documents, and managing client information, often called paralegals.

Time Management

The process of planning and controlling how much time to spend on specific activities to increase efficiency or productivity.

Paralegals

Trained legal assistants who perform various legal tasks and support the work of attorneys.