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In Reporting Discontinued Operations the Income Statement Should Show in a Special

Question 129

Multiple Choice

In reporting discontinued operations the income statement should show in a special section
1) gains on the disposal of a discontinued component.
2) losses on the disposal of a discontinued component.


A) 1 only.
B) 2 only.
C) neither 1 nor 2.
D) both 1 and 2.

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