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NEW QUESTION: 1
Which of the following describes how comprehensive income should be reported?
A. Should not be reported in the financial statements but should only be disclosed in the footnotes.
B. May be reported in a combined statement of income and comprehensive income or disclosed within a
statement of stockholders' equity; separate statements of comprehensive income are not permitted.
C. Must be reported in a separate statement, as part of a complete set of financial statements.
D. May be reported in a separate statement, in a combined statement of income and comprehensive
income, or within a statement of stockholders' equity.
Answer: D
Explanation:
Choice "c" is correct.
Comprehensive income must be presented in one of three formats:
1 . In a combined statement of income and comprehensive income;
2 . In a separate statement of comprehensive income that begins with net income; or
3 . In a statement of changes in equity.
Choices "a", "b", and "d" are incorrect, per the above.
NEW QUESTION: 2
During the course of an investigation, you locate evidence that may prove the innocence of the suspect of the investigation. You must maintain an unbiased opinion and be objective in your entire fact finding process.
Therefore, you report this evidence. This type of evidence is known as:
A. Terrible evidence
B. Mandatory evidence
C. Exculpatory evidence
D. Inculpatory evidence
Answer: C
NEW QUESTION: 3
Der Unterschied zwischen der größten Beobachtung und der kleinsten Beobachtung im Datensatz wird als _______________ bezeichnet.
A. Ausbreiten
B. Breite
C. Bereich
D. Median
Answer: C
