1. A client is trying to determine if it is required to provide supplementary information related to changing prices with its financial statements. Identify the location in professional standards that indicates whether or not an entity is required to disclose supplementary information on the effects of changing prices.

2.An entity has several items that result in other comprehensive income and is trying to determine how to present them in the financial statements. Identify the location in professional standards that indicates how an entity is required to report comprehensive income.

Enter the exact section and paragraph with helpful information.

Some examples of correctly formatted FASB ASC responses are 205-10-05-1, 323-740-S25-1, 260-10-60-1A, 715-30-35-95, 820-10-35-16BB and 810-10-55-205AE.