Comprehensive Income Can Be Displayed to Users of Financial Statements

question 110

Multiple Choice

Comprehensive income can be displayed to users of financial statements in which of the following way(s) :

• A) As a second income statement.
• B) As a single income statement that includes both the components of net income and the components of other comprehensive income.
• C) As an element in the changes in stockholders' equity displayed as a column in the statement of stockholders' equity.
• D) Either as a second income statement, as a single income statement that includes both the components of net income and the components of other comprehensive income, or as an element in the changes in stockholders' equity displayed as a column in the statement of stockholders' equity.

---

Definitions:

Bronchioles

Small airways in the lungs that lead from the bronchi to the alveolar sacs, responsible for carrying air in and out of the lungs during respiration.

Intubation

The procedure of inserting a tube into the body, typically into the trachea for ventilation purposes.

Mucus Streaming

The movement or flow of mucus, typically in the respiratory tract, as a defense mechanism against irritants or infections.

Pandemic

An epidemic that has spread over a large geographical area, affecting a significant portion of the population.