How Is a Disposal of a Segment of the Business

question 32

Multiple Choice

How is a disposal of a segment of the business reported?

• A) separately stated item on the income statement
• B) balance sheet
• C) statement of cash flows
• D) statement of retained earnings

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Definitions:

Semantically

Pertaining to the meanings or interpretations of words and sentences.

Structurally

Pertaining to the arrangement or organization of parts within a whole, often used in reference to physical, social, or abstract constructs.

Elaboration

The process of adding more detail to a message, making it more complex and often more persuasive.

Clustering

A process of grouping a set of objects or individuals based on similarities, often used in data analysis to identify patterns or classifications.