Question: 9. When an operating segment has been discontinued during the year, the segments losses of the current period up to the disposal date are displayed

9. When an operating segment has been discontinued during the year, the segment’s losses of the current period up to the disposal date are displayed in the:

a. Income statement as part of the income (loss) from operations of the discontinued business segment.

b. Income statement as part of the loss on disposal of the discontinued business segment.

c. Income statement as part of the income (loss) from continuing operations.

d. Retained earnings statement as a direct decrease in beginning retained earnings.

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