Benson Company Sells a Segment of Its Operations at a Loss

Multiple Choice

Benson Company sells a segment of its operations at a loss. Benson has not previously experienced such an event and does not expect to again.
The loss from the disposal of the segment should be reported in the income statement as:

A) An extraordinary item
B) A separate amount in a discontinued operations section
C) A separate amount in net income from continuing operations
D) As part of cost of goods sold
E) None of the above