Comprehensive income: a. is considered an appropriation of retained earnings. b. includes transactions that affect shareholders' equity

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Comprehensive income:

a. is considered an appropriation of retained earnings.

b. includes transactions that affect shareholders' equity with the exception of those transactions that involve owners.

c. includes all transactions that are under management's control.

d. is the result of all events and transactions reported on the statement of earnings.

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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