Unrealised Gains or Losses on Certain Investments,foreign Currency Translation Adjustments,gains

question 31

Multiple Choice

Unrealised gains or losses on certain investments,foreign currency translation adjustments,gains and losses from superannuation and deferred gains and losses from derivatives are subject to specialised accounting treatment.These items would normally be found on the:

• A)balance sheet under liabilities.
• B)statement of comprehensive income.
• C)income statement,included with extraordinary items.
• D)statement of net cash flow.

---

Definitions:

Investment Turnover

A ratio used to measure the efficiency of a company's use of its investments in generating sales revenue, indicating how well the company is utilizing its assets.

Return On Investment

A metric for determining an investment's profitability or efficiency, achieved by dividing the net profit by the investment's total cost.

Invested Assets

Resources or funds committed to ventures with the expectation of generating income or profit.

Investment Center

A business segment or unit within an organization that is responsible for its own revenues, expenses, and investments.