The sale or disposal of a significant component of a company's operations is referred to as:

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The sale or disposal of a significant component of a company's operations is considered a discontinued operation, meaning that the activity has been discontinued or disposed of and will no longer be reported as ongoing operations. This is separate from other revenues and expenses or a gain or loss on sale of assets, which refer to other types of financial transactions. An extraordinary item is an event or transaction that is both unusual in nature and infrequent in occurrence, and often reported separately on the income statement.

The Sale or Disposal of a Significant Component of a Company's