Which Items Are Excluded from the Determination of Net Income

question 139

Multiple Choice

Which items are excluded from the determination of net income, but are included in the determination of other comprehensive income?

• A)Realized gains and losses on the sale of available-for-sale securities
• B)Foreign currency exchange gains and losses
• C)Foreign currency translation adjustments
• D)All of the above

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Definitions:

Diversity-Related

concerns, policies, practices, or issues that relate to the inclusion and representation of different demographic groups and perspectives.

Xenophobic

Pertaining to a fear or hatred of foreigners or strangers, often manifesting in discriminatory attitudes or actions.

Knowledge Worker

An employee whose primary contribution to the organization involves specialized knowledge, expertise, or intellectual input.

Pharmaceutical

Refers to the industry and science involved in the discovery, development, production, and distribution of drugs and medications.