Regarding Presentation of Discontinued Operations, Under IFRS, on the Balance

question 45

Multiple Choice

Regarding presentation of discontinued operations, under IFRS, on the balance sheet, an entity must classify held-for-sale assets as

• A) current assets.
• B) current or non-current, depending on their nature.
• C) available for sale assets.
• D) Assets held for sale do not appear on the balance sheet.

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Definitions:

Singlet

A term used in spectroscopy to describe a peak or signal that consists of a single line, often related to the absence of splitting in NMR or other spectra.

Ppm

Stands for parts per million, a unit of concentration often used to measure the presence of a substance in a mixture, especially in atmospheric or water pollutants.

NMR Spectrum

A representation of the nuclear magnetic resonance of a substance, providing detailed information about the structure, dynamics, reaction state, and chemical environment of molecules.

Compound

A substance formed from two or more elements chemically bonded together in a fixed ratio, exhibiting properties different from those of the individual elements.