Which of the following is not part of other comprehensive income?
A) unrealized changes in the value of trading securities
B) certain pension plan gains, losses, and prior service cost adjustments
C) certain gains and losses in derivatives
D) currency translation adjustments

Question

Quizplus · Accepted Answer

Unrealized changes in the value of trading securities are recognized in net income, not in other comprehensive income. Other comprehensive income includes items like certain pension plan adjustments, derivative gains and losses under certain conditions, and currency translation adjustments, but not unrealized gains and losses on trading securities.

Which of the Following Is Not Part of Other Comprehensive