Which of the following would be considered an "Other Comprehensive Income" item?
A) Net income
B) Gain on disposal of discontinued operations
C) Extraordinary loss related to flood
D) Unrealized loss on available-for-sale securities

Question

Quizplus · Accepted Answer

Unrealized loss on available-for-sale securities is considered an "Other Comprehensive Income" item as it is not included in net income but affects equity.

Which of the Following Would Be Considered an "Other Comprehensive