Comprehensive income includes ________.
A)revenues,expenses,and extraordinary items
B)unrealized gains and losses from foreign currency transactions
C)unrealized gains and losses on certain types of investments
D)all of these

Question

Quizplus · Accepted Answer

Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. This encompasses not only revenues, expenses, and extraordinary items (A) but also unrealized gains and losses from foreign currency transactions (B) and certain types of investments (C), making D the correct choice as it includes all these components.

Comprehensive Income Includes ________