We report any profits or losses on discontinued operations in the current year,separately from profits and losses on the portion of the business that will continue.

Question

Quizplus · Accepted Answer

This statement is true. Discontinued operations are reported separately from continuing operations in order to provide a clear picture of the company's performance moving forward. This allows investors and stakeholders to better understand the financial impact of any changes in the business.

We Report Any Profits or Losses on Discontinued Operations in the Current