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Comprehensive Income Can Be Displayed to Users of Financial Statements

Question 34

Multiple Choice

Comprehensive income can be displayed to users of financial statements in which of the following way(s) :


A) As an item on the balance sheet..
B) In the notes accompanying the financial statements.
C) As an element in the changes in shareholders' equity displayed as a column in the statement of shareholders' equity.
D) As a single income statement that includes both the components of profit and the components of other comprehensive income or as a second income statement.

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