When a Component of a Business Has Been Discontinued During

Multiple Choice

When a component of a business has been discontinued during the year, this component's operating losses of the current period up to the measurement date should be included in the

A) Income statement as part of the income (loss) from operations of the discontinued component
B) Income statement as part of the loss on disposal of the discontinued component
C) Income statement as part of the income (loss) from continuing operations
D) Retained earnings statement as a direct decrease in retained earnings