All of the Following Statements Are True Regarding Comprehensive Income

question 265

Multiple Choice

All of the following statements are true regarding comprehensive income except

• A) companies are required to report comprehensive income.
• B) a company would add an unrealized loss on available-for-sale securities to net income to calculate comprehensive income.
• C) comprehensive income does not include changes resulting from investments by stockholders.
• D) comprehensive income does not include dividends to stockholders.

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Definitions:

P(A ∪ B)

The chance that either event A or event B, or both, will happen.

P(B | A)

The probability of event B occurring given that event A has already occurred, representing a conditional probability.

Finalists

The remaining candidates in a competition or selection process who have passed through preliminary rounds and are considered for the final award or decision.

First And Second

Terms denoting the sequential order of events, items, phases, conditions, or priorities.