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Quiz2Form2 - ACC 201 SAMPLE QUIZ 2-2 1 Discontinued...

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ACC 201 SAMPLE QUIZ 2-2 1. Discontinued operations are a. the amount reflected on the income statement for adjustments made to balance sheet accounts when applying different accounting principles. b. the result of the disposal of a major segment of the business. c. a gain or loss that is both unusual in nature and infrequent in occurrence. d. a prediction of earnings for future accounting periods. e. none of the above is correct. 2. Which of the following statements is true ?
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