Myron co

Hello Kim, I hope you are doing fine, this is a very dumb question so please forgive my ignorance, but in the Myron co (specimen exam Q3), they have stated that the client has not made the disclosures with regard to the implications of the division being held for sale Does wrong classification and presentation come under this disclosures umbrella too? I'm lacking a very crucial fundamental issue I think and your assistance would be very helpful Also, my understanding is that the client is at an advanced stage of the sale, thus the conditions for the criteria to be met for held for sale and the related presentation and classification and valuation are present at the year's end, is my understanding correct? Looking forward to your response