Which of the following items is not an example of items reportable under other comprehensive income?
A) changes in revaluation surplus
B) actuarial gains and losses on defined contribution plans
C) gains and losses arising from translating the financial statements of a foreign operation
D) the effective portion of gains and losses on hedging instruments in a cash flow hedge

Question

Quizplus · Accepted Answer

Actuarial gains and losses on defined contribution plans are recognized in the income statement as a component of employee benefits expense rather than being reported under other comprehensive income.

Which of the Following Items Is Not an Example of Items