Which of the following best describes the 'principal market' concept under IFRS 13?

Assuming a discontinued operation has been sold during the reporting period, which of the following items must be disclosed on the face of or in the notes to the financial statements in accordance with IFRS 5? 1. The gain or loss recognized on measurement or disposal of the assets 2. The post-tax profit or loss of discontinued operations 3. The related income tax expense associated with the discontinued operation

Assuming it has been sold during the reporting period, which of the following component(s) meet(s) the definition of a discontinued operation under IFRS 5 'Non-current Assets Held for Sale and Discontinued Operations'? 1. A component of an entity that represents a separate major line of business. 2. An associate acquired exclusively with a view to resale.