The gain or loss on the disposal of a business segment is shown:

Name: The gain or loss on the disposal of a business segment is shown:
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Question

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The gain or loss on disposal of a business segment is considered an extraordinary item and is reported on the income statement net of the income tax consequences. It is important to note that while the gain or loss on disposal is reported separately, the related income tax consequences are also included in the income statement as part of the income tax expense.

The Gain or Loss on the Disposal of a Business