A discontinued operation under ASPE need not be a major line of business, geographic area or a business bought with a view to sale.

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Quizplus · Accepted Answer

According to ASPE, a discontinued operation is defined as a component of an entity that has been disposed of or is classified as held for sale, and represents a separate major line of business or a separate geographical area of operations, or is part of a single coordinated plan to dispose of a separate major line of business or separate geographical area of operations. However, it does not have to be a major line of business or geographic area, or a business acquired with a view to sale.

A Discontinued Operation Under ASPE Need Not Be a Major