Answered

Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Which of the following is reported as part of discontinued operations? Select one: a. Amortization expense. b. Impairment losses for intangible assets. c. Research and development costs. d. None of these answer choices are correct.

Sagot :

Parrain

Answer: d. None of these answer choices are correct.

Explanation:

Amortization expense reflects the reduction in value of an intangible asset during its lifetime and so therefore is not a discontinued operation, Impairment losses for intangible assets are part of ongoing operations as well.

Research and development costs are period expenses and are not included as part of discontinued operations. None of these options are therefore correct.

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.