Unrealized gains and losses on available-for-sale investments is part of other comprehensive income.

Question

Quizplus · Accepted Answer

Unrealized gains and losses on available-for-sale investments are part of other comprehensive income (OCI). OCI is a component of comprehensive income that includes gains and losses that are not realized or recognized in the income statement, such as changes in the value of investments or currency fluctuations. Once these gains or losses are realized, they are transferred to the income statement.

Unrealized Gains and Losses on Available-For-Sale Investments Is Part of Other