Which of the Following Best Describes "Comprehensive Income

question 40

Multiple Choice

Which of the following best describes "comprehensive income"?

• A)Comprehensive income is the amount resulting from the deduction from revenues, or from operating revenues, of cost of goods sold, other expenses, and losses.
• B)Comprehensive income is the excess (deficit) of revenue over expenses for an accounting period.
• C)Comprehensive income is the change in equity of an entity during a period of transactions and other events and circumstances, from non-owner sources.
• D)Comprehensive income is the change in equity of an entity during a period of transactions and other events and circumstances, from owner and non-owner sources.

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Definitions:

Protein Synthesis

The biological process through which cells build or synthesize new proteins from amino acids.

Nonmembranous Organelles

Organelles in cells that are not enclosed within membranes, such as ribosomes and centrioles.

Surface Area

The total area that the surface of an object occupies, often relevant in processes such as absorption and evaporation.

Microvilli

Tiny projections found on the surface of some cells that increase the surface area for absorption.