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Which of the following is not a characteristic that must be considered when determining that a ...

Which of the following is not a characteristic that must be considered when determining that a business activity is a component of an entity for purposes of classifying that activity as a discontinued operation?
A) The activity comprises operations and cash flows.
B) The activity constitutes a strategic advantage.
C) The activity can be clearly distinguished for financial reporting purposes.
D) The activity is a portion of the entity.

Textbook

Intermediate Accounting

Edition: 1^st

Authors: Gordon, Raedy, Sannella

Read 28 times

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Fifagirl101

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clmt2010 Author

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Thank you, thank you, thank you!

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