The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its strategic focus, the company sold the automobile parts division. The division qualifies as a component of the entity according to GAAP. How should Claxton report the sale in its 2018 income statement?

B) Report it as a discontinued operation.

Explanation:

The Claxton Company should report the sale of its automobile parts division as a discontinued operation and the revenue generated by the sale must be reported separately from the income generated by continuing operations.

A discontinued operation is any part (division or subsidiary) of the organization that is put on sale or has already been sold.

product

Explanation:

xgsuafutwas assigned with this problem (the reference text is attached):

Which of the following, if included in a student's paper, would NOT be an example of plagiarism?

1. In the game of baseball, which is rather boring, the batter stands on home base (Hughes 1).

2. Baseball is rather surprisingly known as "America's Favorite Pastime."

3. Baseball is "a rather boring sport played between two teams of nine players" (Hughes 1).

4. All of these are plagiarism.

The answer tells that only the third choice is NOT a plagiarism. My question is, why is the first choice a plagiarism