The Results of Discontinued Operations Appear Below Extraordinary Gains and Losses

question 14

True/False

The results of discontinued operations appear below extraordinary gains and losses in the income statement.

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Definitions:

Seas Saltier

A condition resulting from the evaporation of ocean water, which increases the concentration of salts, making the seas saltier.

Quartzite

A hard, metamorphic rock formed from quartz-rich sandstone that has undergone heat and pressure transformations.

Weather

The state of the atmosphere at a place and time as regards heat, dryness, sunshine, wind, rain, etc.

Physical Weathering

The natural breakdown of rocks and minerals at the Earth's surface due to physical processes such as temperature changes, wind, water, and ice, without altering the rock's chemical composition.