The order of presentation of items that may appear on the statement of comprehensive income is
A) Other comprehensive income Discontinued operations Other revenues and expenses.
B) Discontinued operations Other comprehensive income Other revenues and expenses.
C) Other revenues and expenses Discontinued operations Other comprehensive income.
D) Other revenues and expenses Other comprehensive income Discontinued operations.

Question

Quizplus · Accepted Answer

The correct order is: Other revenues and expenses, Discontinued operations, and then Other comprehensive income. This order follows the typical presentation format for a statement of comprehensive income.

The Order of Presentation of Items That May Appear on the Statement