Interpreting Comprehensive Income and AOCI Indicate whether each of the following statements is true or false. If false, indicate how to correct the statement.

a. The amount reported for accumulated other comprehensive income (AOCI) on the balance sheet must be a positive amount consistent with all other stockholders’ equity accounts.

b. Changes in AOCI are reflected in other comprehensive income, which is different from net income.

c. Other comprehensive income does not imply a change in cash.