Quiz 04.25 – T/F Discontinued Operations Reporting Requirement under U.S. GAAP and IFRS

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Both U.S. GAAP and IFRS stipulate that income statements must present discontinued operations as a distinct item.

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  • Search Terms: (ifrs) according discontinued either financial gaap income international of operations. or prepared reporting require separate standards statements the to u.s.
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