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Which statement regarding disclosure of discontinued operations is correct? A. When an entity has a discontinued operation in the current period, it is required to

Which statement regarding disclosure of discontinued operations is correct?

A. When an entity has a discontinued operation in the current period, it is required to re-present the required disclosures for the prior period only if the size of the discontinued operation is considered significant in the prior period.
B. When an entity has a discontinued operation in the current period, there is no requirement to re-present the prior periods disclosures.
C. When an entity has a discontinued operation in the current period, the entity is required to re-present the required disclosures for the prior period.
D. When an entity has a discontinued operation in the current period, it is required to re-present the required disclosures for the prior period only if the discontinued operation is considered material in the prior period.

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