The Loss from the Disposal of a Segment of a Business

question 7

Multiple Choice

The loss from the disposal of a segment of a business is called:

• A)an extraordinary loss.
• B)other expense.
• C)other loss.
• D)loss on sale of discontinued operations.

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Definitions:

Thimble Rotations

The turning movement of a thimble, often in reference to micrometers or other precision instruments, for fine adjustments or measurements.

Spindle Move

The action or ability of a spindle (a rotating axis of the machine, which often holds the workpiece) to move or be positioned within a machine.

Knife Blade

A thin, sharp-edged instrument typically used for cutting or as a tool, made of metal or other hard materials.

Punch

An impact tool used to drive out pins, rivets, or shafts, or to scribe/mark components for identification.