Comprehensive income may be presented in a statement with net income,in a separate statement,or as part of the notes to the financial statements.

Name: Comprehensive income may be presented in a statement with net income,in a separate statement,or as part of the notes to the financial statements.
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Question

Quizplus · Accepted Answer

Comprehensive income must be presented either in a single continuous statement of comprehensive income or in two separate but consecutive statements, not in the notes to the financial statements.

Comprehensive Income May Be Presented in a Statement with Net