Regarding Discontinued Operations,which of the Following Statements Is Correct

question 7

Multiple Choice

Regarding discontinued operations,which of the following statements is correct?

• A)Gains and losses on the sale of plant assets are reported as discontinued operations.
• B)A loss on discontinued operations is reported with an addition for the applicable income tax.
• C)Most analysts include the results of discontinued operations in financial analysis.
• D)The disposal of the financing segment of a large corporation would be reported as a discontinued operation.

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Definitions:

Test Anxiety

A condition characterized by severe stress and anxiety before or during exams.

Behavioral Aspects

Refers to the observable actions and reactions of organisms, often studied in psychology to understand how individuals interact with their environment and others.

Excessive Worrying

A state where an individual experiences persistent and uncontrollable concern or fear about everyday situations, leading to significant distress or impairment.

Disordered Behavior

Actions or patterns of behavior that deviate significantly from societal norms or expectations, often indicative of a psychological disorder.