How are comprehensive income items restated?
A) By applying a change in the general price index from the date of initial recognition up to the reporting date.
B) By applying a change in the general price index from the beginning statement of financial position up to the reporting date.
C) By applying the difference between the spot rate at the beginning of the period and the spot rate at the end of the period.
D) Comprehensive income items are not restated but reported at historical cost.

Question

Quizplus · Accepted Answer

The Answer is A

How Are Comprehensive Income Items Restated