Define the term Discontinued operations.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 9DQ: Explain how the cost of resources is assigned to activities. What is meant by the phrase unbundling...
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Define the term Discontinued operations.
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Discontinued operations:
Discontinued operations is the term used for refering a product line or part of a company's business which is divested or completely shut down. The company may either sale such product line or has discontinued operations relating to such part of business or product line.
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