Mathematics, 07.06.2021 20:20 xjdjsisi
Which of the following statements about comprehensive income is not true?
a. Comprehensive income includes net income.
b. Comprehensive income is a more inclusive measure of earnings than net
income.
c. An example of an item reported in comprehensive income but not net
income is gains and losses on foreign currency translations.
d. Unrealized gains and losses from fair value adjustments are included in
net income but not comprehensive income
Answers: 1
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Which of the following statements about comprehensive income is not true?
a. Comprehensive income i...
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