Examlex
Which of the following statements is false?
Comprehensive Income
This term includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.
Comprehensive Income
A measure of all changes in equity of a company that result from recognized transactions and other economic events of the period other than those resulting from investments by and distributions to owners.
Unrealized Gains
Profits from investments that have increased in value but have not yet been sold for cash.
Net Income
The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenues.
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