Question: What is the difference between continued operations and discontinued operations on an income statement? Status: [object Object] 1 point Continued operations are business activities that
What is the difference between continued operations and discontinued operations on an income statement? Status: [object Object] 1 point Continued operations are business activities that have a significant impact on the financial statements, while discontinued operations are business activities that have little or no impact on the financial statements. Continued operations are business activities that generate a profit, while discontinued operations are business activities that generate a loss. Continued operations are ongoing business activities that are expected to continue in the future, while discontinued operations are business activities that have been sold or terminated. Continued operations are non-recurring business activities that occur regularly, while discontinued operations are recurring business activities that are expected to continue in the future
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