The Gain or Loss on the Disposal of a Business

question 91

Multiple Choice

The gain or loss on the disposal of a business segment is shown on the income statement as:

• A)a component of comprehensive income.
• B)an extraordinary item.
• C)part of discontinued operations.
• D)other gains or losses.

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Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Memory

Ability to recall or recognize previous experience.

Previous Experience

An individual's past encounters or interactions that influence one's perceptions, behaviors, and learning processes.

Dyslexia

A common learning difficulty that can cause problems with reading, writing, and spelling, unrelated to intelligence.