The primary attribute of all assets is

	a.	service potential.
	b.	productive capacity.
	c.	historical cost.
	d.	service contribution.

Which of the following is a required disclosure in the income statement when reporting the sale of a component of the business?

	a.	Both the results of operations of the discontinued component and also the gain or loss on the sale should be reported as components of other comprehensive income.
	b.	Revenue and expenses applicable to the discontinued operations should be disclosed in the income statement.
	c.	The gain or loss on sale should be reported as a component of other comprehensive income
	d.	Earnings per share from both income from continuing operations and net income should be disclosed on the face of the income statement.