For Purposes of Discontinued Operations, the Key Elements in Determining

question 37

Multiple Choice

For purposes of discontinued operations, the key elements in determining that a separate segment exists are that the component is

• A) a separate business and a separate legal entity.
• B) a separate legal entity and generates its own net cash flows.
• C) in a separate geographic region and can be sold.
• D) a separate business and generates its own cash flow.