Gains and losses that appear in Other Comprehensive Income are the result of value changes
A) only in non-current assets and liabilities.
B) in stockholders' equity.
C) driven by difficult measurement issues.
D) that have not been realized in a market transaction.

Question

Quizplus · Accepted Answer

Gains and losses that appear in Other Comprehensive Income (OCI) are items that have not yet been realized in a market transaction. They arise from various sources such as changes in the fair value of available-for-sale securities, foreign currency translation adjustments, and certain pension and post-retirement benefit obligations. These items are not included in the calculation of net income, but are reported as a separate component of stockholders' equity until they are realized.

Gains and Losses That Appear in Other Comprehensive Income Are