Reporting of Discontinued Segments Includes

question 103

Multiple Choice

Reporting of discontinued segments includes:

• A)Income or loss from operating the discontinued segment net of tax and gain or loss from disposal of the segment's net assets net of tax.
• B)Extraordinary items.
• C)Changes in accounting principle.
• D)Items that are both unusual and infrequent.
• E)Writing off of receivables.

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Definitions:

Depression

A common and serious medical condition that negatively affects how you feel, the way you think, and how you act, characterized by feelings of sadness, loss, or anger.

Self-Sufficient

The ability of an individual or system to fulfill all their needs without external assistance.

Cognitive Restructuring

A psychotherapeutic process of learning to identify and dispute irrational or maladaptive thoughts known as cognitive distortions, such as "all-or-nothing" thinking.

Pessimistic Attributional Styles

A tendency to habitually explain negative events with causes that are stable, global, and internal.