Question
15. An impairment loss for long-lived assets which are to be held and used should be reported on the income statement as a(n) a. Extraordinary
15. An impairment loss for long-lived assets which are to be held and used should be reported on the income statement as a(n)
a. Extraordinary item
. b. Component of the income or loss from the operations of a discontinued segment.
c. Cumulative effect of a change in accounting principle
. d. Component of income from continuing operations before income taxes.
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The New Microfinance Handbook A Financial Market System Perspective
Authors: Joanna Ledgerwood, Julie Earne, Candace Nelson
1st Edition
0821389270, 978-0821389270
