Multiple Choice
Which of the following is required to be disclosed, pursuant to GAAP?
A) operating income or loss from discontinued component reported on the income statement
B) a description of facts and circumstances leading up to the sale of a discontinued component within the notes of the financial statements
C) all gains or losses from sale of the component reported on the income statement or in the footnotes
D) All of these answer choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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