Which of the Following Is Included in Comprehensive Income

question 114

Multiple Choice

Which of the following is included in comprehensive income?

• A) gains and losses associated with derivative financial instruments that hedge future cash flows
• B) translation adjustments from converting foreign statements into U.S. dollars
• C) unrealized gains or losses associated with fair value of available-for-sale securities
• D) All of these answer choices are included in comprehensive income.

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Definitions:

Average Product

The output per unit of input, calculated by dividing total product by the quantity of input.

Factor of Production

Resources used in the creation of goods and services, which include land, labor, capital, and entrepreneurship.

Total Income

The full amount of income received by an individual or a country, including wages, salaries, benefits, and income from investments before any deductions.

Marginal Product

Marginal product is the addition to total output produced by using one more unit of a specific input, holding all other inputs constant.