Examlex
Which of the following is NOT a constitutive rule of communication?
Financial Statement Footnotes
Detailed explanations and additional information provided at the bottom of financial statements, clarifying specific line items.
Two-Statement Approach
A financial reporting method where income tax effects of items reported outside the income statement are recognized directly in equity instead of income statement.
Unrealized Gains
Profits that have been achieved on paper from investments but have not yet been realized through selling the investment.
Other Comprehensive Income (OCI)
Income that is not included in net income, including items that are not realized or not reflected in earnings.
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