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Tags
#cfa #cfa-level-1 #financial-reporting-and-analysis #reading-24-understanding-income-statements
Question
Comprehensive income is the sum of net income plus other items that must [...] because they have not been realized.
Answer
bypass the income statement

Tags
#cfa #cfa-level-1 #financial-reporting-and-analysis #reading-24-understanding-income-statements
Question
Comprehensive income is the sum of net income plus other items that must [...] because they have not been realized.
Answer
?

Tags
#cfa #cfa-level-1 #financial-reporting-and-analysis #reading-24-understanding-income-statements
Question
Comprehensive income is the sum of net income plus other items that must [...] because they have not been realized.
Answer
bypass the income statement
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Comprehensive income
Comprehensive income includes both net income and other revenue and expense items that are excluded from the net income calculation. Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized, including items like an unrealized holding gain or loss from available-for-sale securities and foreign currency translation gains or losses. These items are not part of net income, yet are important enough to be included in comprehensive income, giving the user a bigger, more comprehensive picture of the organization as a wh

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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