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Regarding discontinued operations, which of the following statements is incorrect? A. A loss on discontinued operations is reported with an addition for the applicable income
Regarding discontinued operations, which of the following statements is incorrect?
A.
A loss on discontinued operations is reported with an addition for the applicable income tax.
B.
The discontinued operations heading of the income statement includes segments of the business that have been sold.
C.
Most analysts do not include the results of discontinued operations in financial analysis.
D.
Gain and losses on the sale of plant assets are not reported as discontinued operations
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