Which of the Following Is Included in Comprehensive Income

question 38

Multiple Choice

Which of the following is included in comprehensive income?

• A) gains and losses associated with derivative financial instruments that hedge future cash flows
• B) translation adjustments from converting foreign statements into U.S. dollars
• C) unrealized gains or losses associated with fair value of available-for-sale securities
• D) all of these

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Definitions:

Scrambles Information

The process of obfuscating or encrypting information to prevent unauthorized access to sensitive data.

Surge Protector

A device that shields electronic equipment from voltage spikes by blocking or shorting to ground any unwanted voltages above a safe threshold.

Electrical Spikes

Sudden increases in electrical voltage or current that last for a short period and can potentially harm electronic equipment.

Wireless Router

A device that provides wireless Internet or network connections to various devices by transmitting data through radio signals.