Answer: Discontinued operations.

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.

Author: LeetQuiz Editorial Team