Current US

question 113

Multiple Choice

Current U.S.GAAP permits firms to display the components of other comprehensive income in which of the following formats?

• A)as a schedule appearing in the financial statement footnotes.
• B)in a two-statement approach,one in which net income comprises one statement and a second,which presents a separate statement of comprehensive income.
• C)as a part of the statement of changes in stockholders' equity.
• D)as a part of the statement of cash flows.