Which of the Following Is True of Comprehensive Income

question 7

Multiple Choice

Which of the following is true of comprehensive income?

• A)All items included in comprehensive income enter into the determination of net income.
• B)Dividend payments are not included in the determination of comprehensive income,even though it results in a decrease in total stockholders' equity.
• C)Comprehensive income includes company changes in total stockholders' equity from all sources,including owners' investments.
• D)Comprehensive income cannot be combined with a traditional income statement into a combined statement of comprehensive income.

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Definitions:

Behaviour

The actions or reactions of individuals or groups in response to external or internal stimuli.

Brain

The organ in the head of animals and humans, responsible for nerve function, thought, memory, and processing sensory information.

Conscious Rational Processes

involve deliberate and logical thinking or problem-solving activities that are under direct awareness.

Thoughts

Mental processes involving the organization and understanding of information, including beliefs, opinions, and intentions.