Items such as unrealized gains and losses from pensions,foreign currencies or financial investments are reported as:
A)accumulated other comprehensive income.
B)treasury stock.
C)contributed capital.
D)financing activities.

Question

Quizplus · Accepted Answer

Accumulated Other Comprehensive Income (Loss)reports unrealized gains and losses,which are temporary changes in the value of certain assets and liabilities the company holds.They can relate to pensions,foreign currencies,and financial investments.

Items Such as Unrealized Gains and Losses from Pensions,foreign Currencies