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    Intermediate Accounting Study Set 7
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    Exam 5: Statements of Net Income and Comprehensive Net Income
  5. Question
    When a Significant Operation That Does Meet the Definition of a Discontinued
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When a Significant Operation That Does Meet the Definition of a Discontinued

Question 57

Question 57

True/False

When a significant operation that does meet the definition of a discontinued operation is disposed of, U.S. GAAP requires disclosure of the pre-tax profit (loss) of that operation.

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