Which of the Following Are Included in Other Comprehensive Income

question 1

Multiple Choice

Which of the following are included in other comprehensive income?
I.Hedging activities.
II.Foreign-currency translation items.
III.Unrealized losses on debt investments.
IV.Unrealized gains on equity investments.

• A)I and II only.
• B)I and IV only.
• C)II,III,and IV only.
• D)I,II,III,and IV.

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Definitions:

Future Oil Prices

The anticipated costs of oil in the market, based on predictions of supply, demand, geopolitics, and economic conditions.

Manufacturing Costs

The direct and indirect expenses incurred in producing goods, including materials, labor, and overhead costs.

Purchasing Power

The purchasing power of a currency, defined by the quantity of goods or services a single monetary unit can acquire.

Consumer Prices

The prices of goods and services purchased by households.