Foreign currency translation adjustment is an example of an item that would be included in Other Comprehensive Income.

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Foreign currency translation adjustment is a type of adjustment that is considered part of Other Comprehensive Income (OCI) in accounting. OCI includes items that are not considered part of the net income but affect the overall value of equity. Foreign currency translation adjustment occurs when a company has foreign subsidiaries or operations and must convert their financial statements to the parent company's currency for consolidation purposes. The difference in exchange rates results in a gain or loss that is recorded in OCI.

Foreign Currency Translation Adjustment Is an Example of an Item