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Which of the following is most likely to be classified as discontinued operations? ...

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Question

Accounting

Which of the following is most likely to be classified as discontinued operations?

Multiple Choice

  • Sale of a small equity method investment in another company.

  • Sale of a group of assets that represents a strategic shift in operations.

  • Sale of undeveloped land due to lack of customer demand for additional store locations.

  • All of the other answers would be classified as discontinued operations.

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