"Other comprehensive income" does not include
A)revaluations of property, plant and equipment.
B)certain translation gains and losses on foreign currency.
C)realized gains and losses on available-for-sale securities.
D)unrealized gains and losses on available-for-sale securities.

Question

Quizplus · Accepted Answer

Realized gains and losses on available-for-sale securities are included in net income, not other comprehensive income. Other comprehensive income includes items like revaluations, certain foreign currency translation adjustments, and unrealized gains and losses on available-for-sale securities.

"Other Comprehensive Income" Does Not Include