When a Company Disposes of a Segment of a Business,the

question 93

Multiple Choice

When a company disposes of a segment of a business,the resulting gain or loss on disposal is reported as part of ________.

• A)discontinued operations
• B)extraordinary items
• C)other revenues and expenses
• D)changes in continuing operations

---

Definitions:

Formation Of Values

The development of personal principles and standards of behavior, influenced by factors such as culture, family, and personal experiences.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.

Pessimistic View

A tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Organizational Citizenship

Voluntary behaviors exhibited by employees that contribute to the overall effectiveness and environment of an organization, beyond their required duties.