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GAAP vs. IFRS: Analysis and Income Statement Presentation
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GAAP vs. IFRS: Analysis and Income Statement Presentation
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15. GAAP vs IFRS / GAAP vs. IFRS: Analysis and Income Statement Presentation / Problem 10
Problem 10
A company decides to discontinue its electronics division. How should this be presented in the income statement under both GAAP and IFRS?
A
Included in net income without separation
B
Separately from continuing operations
C
Combined with operating expenses
D
As part of unusual items
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