Which of the following is not true regarding comprehensive income? A) Comprehensive income includes foreign currency translation
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Question:
Which of the following is not true regarding comprehensive income?
A) Comprehensive income includes foreign currency translation adjustments.
B) Comprehensive income includes unrealized holding gains and losses on available-for-sale securities.
C) Comprehensive income includes minimum pension liability adjustments previously classified as intangible assets.
D) Earnings per share should be calculated for comprehensive income.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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