Comprehensive Income Can Be Displayed to Users of Financial Statements

question 24

Multiple Choice

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

• A)Only 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 a footnote disclosure to the financial statements.
• D)Either as a second income statement or as a single income statement that includes both the components of net income and the components of other comprehensive income.

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