Comprehensive income includes all changes in equity during a period except
A) gains and losses from discontinued operations
B) unrealized gains and losses on available for sale securities
C) gains and losses from irregular items.
D) those resulting from investments by owners and distributions to owners

Question

Quizplus · Accepted Answer

Comprehensive income includes all changes in equity during a period except those resulting from investments by owners and distributions to owners. This encompasses all revenues, expenses, gains, and losses, but does not include transactions with owners (such as issuing shares or paying dividends).

Comprehensive Income Includes All Changes in Equity During a Period