A Loss Due to a Discontinued Operation Should Be Reported

question 153

Multiple Choice

A loss due to a discontinued operation should be reported on the income statement

• A) above income from continuing operations
• B) without related tax effect
• C) below income from continuing operations
• D) as an operating expense

---

Definitions:

Problem Solve

The process of identifying a problem, finding viable solutions, and implementing them effectively.

Human Methods

Refers to approaches and techniques involving direct human interaction or effort in processes or studies.

Customer Equity

A ratio that compares the financial investments a company puts into gaining and keeping customers to the financial return on those investments.

CRM Program

Customer Relationship Management program; a strategy for managing an organization's interactions with current and potential customers using data analysis about customers' history with a company.