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.