Which of the Following Is Not a Characteristic That Must

Multiple Choice

Which of the following is not a characteristic that must be considered when determining that a business activity is a component of an entity for purposes of classifying that activity as a discontinued operation?

A) The activity comprises operations and cash flows.
B) The activity constitutes a strategic advantage.
C) The activity can be clearly distinguished for financial reporting purposes.
D) The activity is a portion of the entity.