What Type of Attribute Is Composed of Other Attributes

question 31

Multiple Choice

What type of attribute is composed of other attributes?

• A)Simple
• B)Group
• C)Compound
• D)Composite

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Definitions:

Other Comprehensive Income (OCI)

Income that is not included in net income, including items that are not realized or not reflected in earnings.

Foreign Currency

Money or currency of a country other than one's own, used for international trade or investment.

Extraordinary Item

Unusual and infrequent gains or losses that are distinct from the regular operations of a company, reported separately in financial statements.

Income Statement

A financial statement that reports a company's revenues, expenses, and net income over a specific period, showing profitability.