A Segment of a Business Should Probably Be Discontinued If

question 73

Short Answer

A segment of a business should probably be discontinued if it does not produce a positive----------.

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Definitions:

Chart of Accounts

An organized list of all accounts in an entity’s financial system, used for classifying transactions.

Numbering System

A structured method for assigning unique identifiers to items to facilitate organization, tracking, and retrieval.

Identification

The process of recognizing or establishing the identity of a person or thing.

Businesses

Businesses refer to organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits.