What Is a "Disposal Group

question 27

Multiple Choice

What is a "disposal group"?

• A)A component of an entity that either has been disposed of or is classified as held for sale.
• B)A group of assets and liabilities to be disposed of together in a single transaction.
• C)A component with operations and cash flows distinguishable from the rest of the entity.
• D)A group of current assets that will be recovered through sale rather than continuing use.

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Definitions:

Metric Measurement

A system of measurement based on meters, liters, and grams as units of length, volume, and weight respectively.

Joules

A unit of energy in the International System of Units (SI), equivalent to the energy transferred to an object when a force of one newton moves it one meter in the direction of its application.

U.S. Standard Measurement

A system of measurement used primarily in the United States, including units such as inches, feet, and pounds.