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    Principles of Financial Accounting
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    Exam 14: Corporations: Additional Topics and IFRS
  5. Question
    When a Component of an Entity Is Disposed Of, the Disposal
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When a Component of an Entity Is Disposed Of, the Disposal

Question 13

Question 13

True/False

When a component of an entity is disposed of, the disposal is reported separately on the income statement in the "discontinued operations" section, ignoring the income tax effect.

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