Which Items Are Excluded from the Determination of Net Income

question 14

Multiple Choice

Which items are excluded from the determination of net income but are included in the determination of other comprehensive income?

• A)Foreign currency exchange gains and losses
• B)Foreign currency translation adjustments
• C)Realized gains and losses on the sale of available- for- sale securities
• D)All of the above

---

Definitions:

Power Factor

The ratio of real power flowing to the load to the apparent power in the circuit, indicating the efficiency of the power usage.

RLC Series Circuit

An electric circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in series, creating a circuit with resonant properties.

Circuit Power Factor

A measure of the efficiency of power usage in an electrical circuit, defined as the ratio of real power flowing to the load to the apparent power in the circuit.

Applied Voltage

The electrical potential difference deliberately applied across a component or circuit to drive current through it.