The Elements of Comprehensive Income Would Include All of the Following

question 40

Multiple Choice

The elements of comprehensive income would include all of the following items except

• A)Profit,as reported on the income statement
• B)Unrealized gains or losses on translating the financial statements of companies that have operations in other countries,but are controlled by the Canadian reporting entity
• C)Unearned revenue
• D)Unrealized gains or losses on financial assets that are classified as available for sale