Comprehensive Income Includes All Except

question 187

Multiple Choice

Comprehensive income includes all except:

• A)Revenues and expenses reported in the income statement.
• B)Dividends paid to shareholders.
• C)Unrealized gains and losses on long-term available-for-sale securities.
• D)All changes in equity for a period except those due to investments and distributions to owners.
• E)Gains and losses reported in the income statement.

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Definitions:

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A professional certification test for automotive technicians and mechanics by the National Institute for Automotive Service Excellence.