Which of the following would be included in the discontinued operations section
ID: 3198591 • Letter: W
Question
Which of the following would be included in the discontinued operations section of the income statement?
income or loss from operating the segment prior to the disposal
the gain or loss from the disposal of the segment
both the income or loss from operating the segment prior to the disposal and the gain or loss from the disposal of the segment, net of income tax
both the income or loss from operating the segment prior to the disposal and the gain or loss from the disposal of the segment
income or loss from operating the segment prior to the disposal
the gain or loss from the disposal of the segment
both the income or loss from operating the segment prior to the disposal and the gain or loss from the disposal of the segment, net of income tax
both the income or loss from operating the segment prior to the disposal and the gain or loss from the disposal of the segment
Explanation / Answer
Option D
Both the income or loss from operating the segment prior to the disposal and the gain or loss from the disposal of the segment.