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

Question

Quizplus · Accepted Answer

Unrealized loss on available-for-sale securities is an Other Comprehensive Income item. Other options such as Net income, Gain on disposal of discontinued operations and Other revenues and gains are recognized in the income statement as part of the net income.

Which of the Following Would Be Considered an Other Comprehensive