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Component of an entity

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?

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