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All of the following conditions must be met to classify a discontinued operation as held for sale at the end of the current accounting period
All of the following conditions must be met to classify a discontinued operation as held for sale at the end of the current accounting period except
a. management has committed to a plan to sell and it is unlikely that management will make significant changes to the plan.
b. management has begun an active program to locate a buyer.
c. the sale is probable in 3 months from the balance sheet date.
d. the discontinued operation is being offered for
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