Regarding discontinued operations, which of the following statements is incorrect?

A) Gains and losses on the sale of plant assets and equipment are reported as Other Income and (Expenses).
B) A loss on discontinued operations is reported with an addition for the applicable income tax.
C) The sale of an identifiable division of the business is reported on the income statement under the category Discontinued Operations.
D) The Discontinued Operations category of the income statement includes information about segments of the business that have been sold.


B) A loss on discontinued operations is reported with an addition for the applicable income tax.

Business

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As a general rule, United States trademarks are registered for ________.

A. 20-year terms, although the holder can renew the registration repeatedly B. 20-year terms, and are non-renewable C. 10-year terms, and are non-renewable D. 10-year terms, although the holder can renew the registration repeatedly

Business

Companies have acted on the false assumption that sustainability will add costs and decrease their competitiveness

Indicate whether the statement is true or false

Business

The most effective way to involve employees in the monitoring process is to provide a protocol for which of the following?

a. communication b. office etiquette c. administrative action d. management oversight

Business

Which of the following is true for air pollution controls on transportation provided by the Clean Air Act?

A. The 1970 Clean Air Act does not provide for the regulation and registration of fuel additives such as lead. B. Under the Clean Air Act, no manufacturer may sell vehicles subject to emission standards without prior certification from the EPA that the vehicles meet the required standards. C. The 1970 Clean Air Act required a reduction by 1976 of 60 percent in the amount of the carbon monoxide and hydrocarbons emitted by automobiles. D. To satisfy the requirements of the 1970 Clean Air Act, manufacturers could rely on already existing technology to meet the pollution control standards.

Business