In order for a loss on the disposal of a discontinued operation to be classified on the income statement as a discontinued operation,it must be unusual in nature.

Question

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A loss on the disposal of a discontinued operation does not have to be unusual in nature to be classified on the income statement as a discontinued operation. It only needs to meet the criteria for a discontinued operation, which includes being disposed of or held for sale and representing a separate major line of business or geographical area of operations.

In Order for a Loss on the Disposal of a Discontinued