Comprehensive income is the total ________.
A)income earned by a company over an entire fiscal year
B)of all items that affect shareholders' equity except transactions with the owners
C)of all items that affect shareholders' equity
D)income earned by a company including all of its business segments

Question

Quizplus · Accepted Answer

Comprehensive income includes all items that affect shareholders' equity except for transactions with the owners, such as dividends and share issuances. This can include gains or losses on investments, foreign currency translation adjustments, and other items that are not included in net income.

Comprehensive Income Is the Total ________