Reporting of discontinued segments includes:
A)Income or loss from operating the discontinued segment net of tax and gain or loss from disposal of the segment's net assets net of tax.
B)Extraordinary items.
C)Changes in accounting principle.
D)Items that are both unusual and infrequent.
E)Writing off of receivables.

Question

Quizplus · Accepted Answer

Reporting of discontinued segments includes income or loss from operating the discontinued segment net of tax and gain or loss from disposal of the segment's net assets net of tax. The other options listed are not relevant to reporting of discontinued segments.

Reporting of Discontinued Segments Includes