Which of the Following Would Be Considered an Other Comprehensive

question 35

Multiple Choice

Which of the following would be considered an Other Comprehensive Income item?

• A) Net income
• B) Gain on disposal of discontinued operations
• C) Other revenues and gains
• D) Unrealized loss on available-for-sale securities

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, radically changing manufacturing processes, society, and the global economy.

Domestic System

A production system prevalent before the Industrial Revolution, where manufacturing was done in homes rather than in centralized factories.