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Under IFRS, which of the following would be included in income from continuing operations on the income statement? I. A large loss from a foreign
Under IFRS, which of the following would be included in income from continuing operations on the income statement?
I. A large loss from a foreign currency transaction
II. A union strike that shuts down operations for three months
III. A foreign government takes possession of a company's only plant
IV. Damage to a factory due to an earthquake in an area that had not previously experienced earthquakes
A. I,II
B. IlI, IV
C. I, II, IIl, IV
D. I, II, IV
The answer is C, but I still confuse about why these four include continuing operations.
Please explan
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