Which of the Following Would Be Included in Net Income

question 49

Multiple Choice

Which of the following would be included in net income?

• A) an unrealized gain on an available-for-sale debt investment as of the end of the accounting period
• B) a gain from the disposal of equipment that occurred on the last day of the accounting period
• C) an unrealized gain as a result of a foreign currency translation adjustment
• D) an unrealized loss on an available-for-sale debt investment as of the end of the accounting period

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Definitions:

Monaural Cues

Sound localization cues that can be picked up by one ear, helping to identify the direction and distance of sounds in the environment.

Pitch

The quality of a sound governed by the rate of vibrations producing it; perceived as a degree of highness or lowness of a tone.

Amplitude

The height or intensity of a wave signal, which in terms of sound, determines its loudness, and in light, influences its brightness.

Decibels

A unit of measurement that indicates the intensity of sound on a logarithmic scale, representing the ratio of a particular sound pressure to a reference level.