Under the accounting standards, which of the following is not typically included in other comprehensive income?
A) Downward revaluations of non-current assets, not requiring adjustment to a revaluation surplus.
B) Upward revaluations of non-current assets requiring adjustment to a revaluation surplus.
C) Gains or losses on remeasuring investments in equity instruments.
D) Adjustments from translation of the financial statements of a foreign operation.

Question

Quizplus · Accepted Answer

Downward revaluations of non-current assets are typically recognized in profit or loss, not in other comprehensive income, unless they reverse a previous upward revaluation.

Under the Accounting Standards, Which of the Following Is Not