If the Entity Has a Discontinued Operation, Then It Must

question 45

Multiple Choice

If the entity has a discontinued operation, then it must also calculate and disclose the:

• A) the basic and diluted earnings per share ratios for the discontinued operation in the statement of profit or loss and other comprehensive income.
• B) the basic earnings per share ratio only for the discontinued operation in the statement of profit or loss and other comprehensive income.
• C) the diluted earnings per share ratio only for the discontinued operation in the statement of profit or loss and other comprehensive income.
• D) the basic and diluted earnings per share ratios for the discontinued operation in the statement of profit or loss and other comprehensive income only if the discontinued operation contributed a profit in the current reporting period

---

Definitions:

Unstructured Problems

Issues that lack clear definition or a straightforward solution pathway, often requiring complex decision-making strategies.

Information Deficiencies

Gaps in knowledge that occur when individuals or organizations lack the necessary data to make informed decisions or understandings.

Ambiguous

Something that can be understood in more than one way; lacking clearness or definiteness.

Idealistic Thinker

An individual who focuses on the potential or ideal outcomes, often looking at the world and situations with optimism and a belief in improvement.