The statement of comprehensive income measures the flow of funds into (i.e.revenue) and out of (i.e.expenses) the firm over a certain time period.It is always based on accounting data.

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The statement of comprehensive income, also known as the income statement, reports the revenue earned and expenses incurred by a company during a specific period of time. It is based on accounting data and provides information about the financial performance of the company.

The Statement of Comprehensive Income Measures the Flow of Funds