Other Comprehensive Income Includes Which of the Following

question 44

Multiple Choice

Other comprehensive income includes which of the following?

• A)Unrealized holding losses on at fair value through OCI investments.
• B)Unrealized holding losses on at amortized cost investments.
• C)Unrealized holding gains on at fair value through profit or loss investments.
• D)Only realized gains and losses on investments.

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Definitions:

Opportunity Rate

The return a company foregoes by investing capital in one project over a potentially more profitable alternative.

Lockbox System

A service provided by banks to companies for the receipt of payment from customers, involving the direct sending of payments to a location accessible by the bank, which then deposits the funds into the company's account.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows, given a specified rate of return.

Money Market Securities

Short-term debt instruments, commonly including treasury bills, commercial paper, and certificates of deposit, known for their liquidity and low-risk profile.