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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.

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