Which of the following would be considered an "Other comprehensive income" item?
A) Loss on disposal of discontinued operations
B) Unrealized loss on available-for-sale securities
C) Discontinued operations gain
D) Net income

Question

Quizplus · Accepted Answer

Other comprehensive income (OCI) includes certain gains and losses that are not included in net income, such as unrealized gains or losses on available-for-sale securities, foreign currency translation adjustments, and certain pension plan adjustments. Options A, C, and D are all items that would be included in net income, not OCI.

Which of the Following Would Be Considered an "Other Comprehensive