Under both IFRS and US GAAP, when a company disposes of or plans to dispose of a component of its operations and will have no further involvement, the income statement must report the results of this component separately as discontinued operations. This classification requires that the component be separable both physically and operationally.

• Option B is incorrect because unusual or infrequent items, while disclosed separately, do not qualify as discontinued operations. These items are typically part of ordinary business activities, such as restructuring charges or gains/losses from asset sales.

• Option C is incorrect because the results of discontinued operations must be reported separately from continuing operations, not as part of them, even if the sale has not yet been completed.