Unrealized gains or losses on certain investments, foreign currency translation adjustments, gains and losses from post-retirement benefit plans, and deferred gains and losses from derivatives are subject to specialized accounting treatment. These items would normally be found on the:

Question

Quizplus · Accepted Answer

Unrealized gains or losses on certain investments, foreign currency translation adjustments, gains and losses from post-retirement benefit plans, and deferred gains and losses from derivatives are all considered "other comprehensive income" items. These items are not included in the calculation of net income on the income statement and are instead reported on the statement of comprehensive income. Therefore, Choice A is the most appropriate answer.

Unrealized Gains or Losses on Certain Investments, Foreign Currency Translation