Which of the following is NOT required to be disclosed, pursuant to FASB Statement No. 144? a.
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Question:
Which of the following is NOT required to be disclosed, pursuant to FASB Statement No. 144?
a. Operating income or loss from discontinued component reported on the income statement
b. A description of facts and circumstances leading up to the sale of a discontinued component, within the notes of the financial statements.
c. All gains or losses from sale of the component, reported on the income statement, or in the footnotes
d. The book values of major component assets and liabilities, reported on the balance sheet or in the footnotes
e. All of the above must be disclosed according to FASB No. 144.
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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