Under IFRS, a discontinued operation must be a:
A) Product line.
B) Geographic segment.
C) Product line or Geographic segment.
D) Cash Generating Unit (CGU).

Question

Quizplus · Accepted Answer

Under IFRS, a discontinued operation must be a component of an entity that represents a separate major line of business or geographical area of operations, which is typically a Cash Generating Unit (CGU).

Under IFRS, a Discontinued Operation Must Be A