Question 4
Which one of the following would generally NOT be a discontinued operation, assuming it is a component of an entity that either has been disposed or is classified as held-for-sale?
It is a subsidiary acquired exclusively with a view to resale.
It is part of a single coordinated plan to dispose a separate major line of business or geographical area of operations.
It represents a single major line of business or geographical area of operations.
A subsidiary held by the parent containing a single asset.
A subsidiary held by the parent containing a single asset would generally NOT be a discontinued operation, assuming it is a component of an entity that either has been disposed of or is classified as held-for-sale.