Which one of the following items is considered part of comprehensive income but not reported as part of net income?
A)Accounting principle changes
B)Foreign currency translation adjustments
C)Gain on sale of land
D)Dividend revenue

Question

Quizplus · Accepted Answer

Foreign currency translation adjustments are considered part of comprehensive income but are not reported as part of net income. Accounting principle changes, gain on sale of land, and dividend revenue are all part of net income.

Which One of the Following Items Is Considered Part of Comprehensive