Special items reported as part of comprehensive income,but not included in net income,might include:
A) gains or losses on foreign currency exchange.
B) interest expense.
C) extraordinary gains and losses.
D) income tax expense.

Question

Quizplus · Accepted Answer

Gains or losses on foreign currency exchange are reported in comprehensive income but are not included in net income. Interest expense, extraordinary gains and losses, and income tax expense are all included in net income.

Special Items Reported as Part of Comprehensive Income,but Not Included