Question
Which of the following is most likely to be classified as discontinued operations? Multiple Choice Sale of undeveloped land due to lack of customer demand
Which of the following is most likely to be classified as discontinued operations?
Multiple Choice
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Sale of undeveloped land due to lack of customer demand for additional store locations.
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Sale of a small equity method investment in another company.
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Sale of a group of assets that represents a strategic shift in operations.
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All of the other answers would be classified as discontinued operations.
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Information Technology Auditing And Assurance
Authors: James A. Hall, Tommie Singleton
2nd Edition
0324191987, 978-0324191981
