A discontinued operation must be a business segment or unit that generates,or once generated,revenues.

Question

Quizplus · Accepted Answer

According to accounting standards, a discontinued operation refers to a business segment or unit that meets the criteria of being disposed of, sold, or abandoned. Such a segment or unit must have generated, or is capable of generating, revenues to qualify as a discontinued operation. Hence, option A is correct.

A Discontinued Operation Must Be a Business Segment or Unit