Which of the Following Is True Regarding Statement of Financial

Multiple Choice

Which of the following is true regarding Statement of Financial Accounting Standards No.144,"Accounting for the Impairment or Disposal of Long-Lived Assets," accounting and reporting standards for discontinued operations?

A) A component of a business always represents the same concept as a segment of a business used in reporting disaggregate information.
B) A test for,and recognition of,an impairment loss would be necessary for a component that had not been sold by year-end if the fair value of the component was determined to be less than the book value.
C) Discontinued operations should follow extraordinary items on the face of the income statement.
D) The gain or loss recognized for reported in the discontinued operation section of the income statement includes only the gain or loss on disposal of the component and not the income or loss from operating the discontinued operation.