Which of the following is $\underline{not}$ true regarding comprehensive income?
A)Comprehensive income includes foreign currency translation adjustments.
B)Comprehensive income includes unrealized holding gains and losses on available-for-sale securities.
C)Comprehensive income includes minimum pension liability adjustments previously classified as intangible assets.
D)Earnings per share should be calculated for comprehensive income.

Question

Quizplus · Accepted Answer

Earnings per share should only be calculated for net income, not comprehensive income. Comprehensive income includes other comprehensive income items that are not included in the net income calculation.

Which of the Following Is not‾\underline{not}not​ True Regarding Comprehensive Income? A)Comprehensive Income Includes Foreign Currency Translation

Which of the Following Is $\underline{not}$ True Regarding Comprehensive Income?
A)Comprehensive Income Includes Foreign Currency Translation