When a Segment of a Business Has Been Discontinued During

Multiple Choice

When a segment of a business has been discontinued during the year and is sold at the end of that same year, the income or loss from the discontinued operations, one of the three amounts typically reported in the income statement, would not include:

A) the income or loss from operating the segment the entire year.
B) the income or loss from operating the segment from the beginning of the year to the date the decision was made to dispose of the segment.
C) the income or loss from operating the segment from the date the decision was made to dispose of the segment to the end of the year.
D) the difference between the sales price of the segment and the segment's book value.