When a business segment is discontinued during the year, the gain or loss on disposal
a. is reported as an extraordinary item.
b. should include only the loss or income from operating the discontinued segment for the current period.
c. excludes only the gain or loss on disposal of the segment.
d. should be shown net of applicable income taxes.
D
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Answer the following statements true (T) or false (F)
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Indicate whether the statement is true or false