Which of the Following Statements Is Not True

question 68

Multiple Choice

Which of the following statements is not true?

• A)We report any profits or losses on discontinued operations in the current year,separately from profits and losses on the portion of the business that will continue.
• B)We report discontinued items separately,net of taxes,near the bottom of the income statement.
• C)The location where a loss is reported in the income statement does not really matter as long as the loss is reported.

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Definitions:

Anxiety Disorders

A group of mental health conditions characterized by excessive fear or worry that affects an individual's daily activities.

Observational Learning

Learning that occurs through observing the behaviors of others and the outcomes of those behaviors.

Specific Phobia

An intense, irrational fear of a specific object, situation, or activity that leads to avoidance behavior.

Fearful Response

A psychological and physiological reaction to perceived threats, involving fear or anxiety.