The FASB's Concept of Comprehensive Income

The FASB's concept of comprehensive income

A) allows items that are not necessarily under management's control, such as currency translation adjustments, to be shown as an appropriation of retained earnings.
B) has a primary drawback because it allows management considerable flexibility in determining the net income figure.
C) excludes transactions that involve the payment of dividends and other transactions affecting owners.
D) requires that all transactions representing changes in asset and liability accounts must be shown on the income statement.