Which of the following is required to be disclosed, pursuant to GAAP?
A) operating income or loss from discontinued component reported on the income statement
B) a description of facts and circumstances leading up to the sale of a discontinued component within the notes of the financial statements
C) all gains or losses from sale of the component reported on the income statement or in the footnotes
D) All of these answer choices are correct.
D
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The workplace is becoming increasingly diverse, which is also raising ethical challenges.
Answer the following statement true (T) or false (F)
Effective audit processes, by themselves, are sufficient to achieve audit quality
a. True b. False Indicate whether the statement is true or false
In a SWOT analysis, which of the following could you discover as potential inner weaknesses (harmful)?
A. New markets B. Competitor issues C. Damaged reputation D. Cost advantages
Your uncle would like to restrict his interest rate risk and his default risk, but he would still like to invest in corporate bonds. Which of the possible bonds listed below best satisfies your uncle's criteria??
A. ?An AAA bond with 10 years to maturity. B. ?A BBB perpetual bond. C. ?A BBB bond with 10 years to maturity. D. ?A AAA bond with 5 years to maturity. E. ?A BBB bond with 5 years to maturity.