Which of the Following Is a Required Disclosure in the Income

question 59

Multiple Choice

Which of the following is a required disclosure in the income statement when reporting the sale of a component of the business?

• A)The gain or loss on sale should be reported as an extraordinary item.
• B)Results of operations of a discontinued component should be disclosed immediately below extraordinary items.
• C)Earnings per share from both income from continuing operations and net income should be disclosed on the face of the income statement.
• D)Revenue and expenses applicable to the discontinued operations should be disclosed in the income statement.

Describe factors that contribute to social attraction and love.

Explain the psychological dynamics behind bystander behavior and altruism.

Identify the causes and solutions to social conflicts and prejudices.

Recognize the importance of superordinate goals in resolving conflicts.

---

Definitions:

Queuing Systems

A mathematical concept used to describe and analyze the behavior of waiting lines or queues.

FCFS System

"First-Come, First-Served," a queue management strategy where requests are processed in the order they were received.

Arrival Rate

In queuing theory, it is the average number of items or people arriving at a service facility within a specified period of time.

Service Rate

Service rate is a measure used in service and operations management to denote the speed at which service providers can serve customers or process transactions.