Furyplayzzz
07.03.2020 •
Business
In order for a loss on the disposal of a discontinued operation to be classified on the income statement as a discontinued operation, it must be unusual in nature. True or False True False
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Ответ:
False
Explanation:
When a company divests from a product line or shuts down one of it's operations which earlier formed part of it's core business, such a process is referred to as discontinuation of operations.
Loss arising out of disposal of discontinued operations yields tax benefits in the form of tax savings since such a loss is tax deductible.
The loss on the disposal of discontinued operations is reported in a separate section of the income statement.
Such losses are deducted from the income of continuing operations to arrive at the net income of an entity.
Ответ:
Option D. Savings Bonds is the correct answer to this question.
Explanation:
Savings bonds are issued by the government of the united states to help control the economy.Savings bonds are considered to be the lowest risk way to make money because as long as there is the involvement of the united states government, you can turn in the Saving bond.Associations, individuals, corporations and private and public organizations can own paper Savings bonds.