Solved

A Loss from the Disposal of a Segment of a Business

Question 170

Multiple Choice

A loss from the disposal of a segment of a business enterprise should be reported separately in the income statement:


A) after cumulative effect of changes in accounting principle and before extraordinary items.
B) before cumulative effect of changes in accounting principle and after extraordinary items.
C) after extraordinary items and cumulative effect of changes in accounting principle.
D) before extraordinary items and cumulative effect of changes in accounting principle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents