Slide Discontinued operations When management enters into a formal plan to sell or discontinue a segment of the business A segment must be a separate line of business activity or an operation that services a distinct category of customers Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999?The McGraw-Hill Companies, Inc., 1999 Slide 12-7 Irwin/McGraw-Hill Discontinued Operations When management enters into a formal plan to sell or discontinue a segment of the business. A segment must be a separate line of business activity or an operation that services a distinct category of customers