When Is a "Disposal Group" Classified as Held for Sale

question 82

Multiple Choice

When is a "disposal group" classified as held for sale?

• A)When a component of an entity either has been disposed of or is classified as held for sale.
• B)When the group of assets is both available for sale and expected to sell within a year.
• C)When a group of assets and liabilities are to be disposed in several transactions.
• D)When the carrying value for a group of current assets will be recovered through sale rather than continuing use.

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Definitions:

Sensory Neuron

A type of neuron responsible for conveying information from sensory receptors towards the central nervous system.

Motor Neuron

A type of neuron that sends impulses from the brain or spinal cord to a muscle or gland, enabling movement and action.

Nerves

Bundled axons that form neural cables connecting the central nervous system with muscles glands, and sense organs.

Axons

The long, slender projections of a neuron that transmit electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.