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    Understanding Financial Accounting Study Set 1
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    Exam 4: Revenue Recognition and the Statement of Income
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    Comprehensive Income Is Equal to
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Comprehensive Income Is Equal to

Question 21

Question 21

Multiple Choice

Comprehensive income is equal to


A) net income minus other comprehensive income.
B) net income plus other comprehensive income.
C) gross profit plus other comprehensive income.
D) gross profit minus other comprehensive income.

Correct Answer:

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