A loss on disposal of a segment would be reported in the income statement as a(n)
A) administrative expense
B) other expense
C) deduction from income from continuing operations
D) selling expense

Question

Quizplus · Accepted Answer

A loss on disposal of a segment is reported as a deduction from income from continuing operations because it is considered a discontinued operation, which is separately reported from continuing operations.

A Loss on Disposal of a Segment Would Be Reported