Question 1
a. What is a component of an entity?
b. What is at least one example provided in FASB ASC of a group of components of an entity?
Question 2a: Is the sale or disposition of business a reporting strategy shift for ZD Consulting Services?
Question 2b: Is the sale or disposition of business a reporting strategy shift for Hope Industries?
Question 2c: Is the sale or disposition of business a reporting strategy shift for AM Mining Operations?
Question 3: Is AM Mining Operations held for sale or use?
Question 4: Is AM Mining Operations part of discontinuing operations even though not sold?
Question 5: How are discontinuing operations to be reported on an income statement?
Question 6: How are discontinuing operations reported on a balance sheet?
Question 7: What should note to discontinuing operations contain?
Question 8: How should gains or losses on sale of assets not part of discontinued operations be reported?
Question 9: How should impairment losses on assets that are not part of discontinuing operations be
reported on the income statement?
