Under U.S. GAAP, sometimes a firm sells or otherwise disposes of a major division or segment of its business during the year or contemplates its sale or disposal within a foreseeable time after the end of the accounting period. If so, it must disclose separately any income, gains, and losses related to that division or segment. The separate disclosure appears in the
a. income from continuing operations.
b. income, gains, and losses from discontinued operations.
c. extraordinary gains and losses.
d. retained earnings.
e. paid-in-capital.
B
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Which of the following is true of presentation visuals?
A) ?They decrease retention of information. B) ?They increase the time required to present a concept. C) ?They decrease the emphasis on important points. D) ?They increase occurrence of group consensus.
Discuss the evidence that positive high-quality leader-member exchange relationships contributes to performance?
What will be an ideal response?
Ed was an independent owner of a chain of TV stores. He successfully got customers into his store by cutting his prices on widely advertised name-brand products in order to sell other products for which he received a bigger profit. When the manufacturers of three of the name-brand products discovered Ed's actions, they agreed secretly to stop selling him their TVs. The three manufacturers:
a. are doing nothing illegal, as they did not get Ed to agree to anything. b. are free to agree not to deal with Ed since the public can go elsewhere and will not be hurt economically. c. can choose either as a group to deal or not to deal with any retailer they want. d. are engaged in a rule of reason violation of the antitrust laws if their action harms competition.
A common myth about entrepreneurship is that "Any entrepreneur with a good idea can ________ to fund his/her business."
A. use a skunkworks B. go public C. use formal control systems D. start a franchise E. raise venture capital