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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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