Which of the Following Items Is Included as Part of Comprehensive

question 132

Multiple Choice

Which of the following items is included as part of comprehensive income but is not included as part of net income?

• A)Gains and losses from sales of property,plant and equipment.
• B)Foreign currency translation gains and losses.
• C)Income taxes and payroll taxes.
• D)Gains and losses from discontinued operations.

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Definitions:

Technology

The practical application of scientific principles.

Grounded Theory

Grounded theory is a systematic methodology in social science research, involving the collection and analysis of data to generate theories grounded in empirical evidence.

Operationalization

The process of defining a research concept in measurable terms, which allows for its empirical testing.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.