Which of the following is the date that management commits itself to a formal plan to dispose of a business segment?
A)The measurement date
B)The disposal date
C)The assessment date
D)The transfer date

Question

Quizplus · Accepted Answer

The measurement date is when management commits itself to a formal plan to dispose of a business segment, marking the point at which the segment's assets and liabilities are measured for accounting purposes.

Which of the Following Is the Date That Management Commits