Current U.S.GAAP permits firms to display the components of other comprehensive income in which of the following formats?
A) as a schedule appearing in the financial statement footnotes.
B) in a two-statement approach,one in which net income comprises one statement and a second,which presents a separate statement of comprehensive income.
C) as a part of the statement of changes in stockholders' equity.
D) as a part of the statement of cash flows.
Correct Answer:
Verified
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