4. Which of the following is not a component of other comprehensive income? a. Unrealized gain on equity investment measured at fair value through other comprehensive income b. Revaluation loss c. Unrealized gain from derivative contracts designated as cash flow hedge d. Loss from translation of the financial statements of a domestic operation 5. Which of the following is a component of other comprehensive income? a. Unrealized loss from derivative contracts designated as fair value hedge. b. Unrealized loss on debt investment measured at fair value through other comprehensive income c. Gain from translation of the financial statement of a domestic operation. d. Remeasurements of defined obligation plan, including accrual gain 6. Statement of comprehensive income can be presented as a. Two statements or single statement of comprehensive income b. Single statement of comprehensive income only c. Two statement of income statement or statement of comprehensive income only d. Statement of comprehensive income is not a required financial statement, thus no effect if it is single statement or two statements of presentation 7. Beginning finished goods plus Cost of goods manufactured less Ending Finished goods is a. Cost of goods available for sale b. Cost of goods manufactured c. Total Manufacturing cost d. Cost of goods sold
4. Which of the following is not a component of other comprehensive income?
a. Unrealized gain on equity investment measured at fair value through other comprehensive income
b. Revaluation loss
c. Unrealized gain from derivative contracts designated as
d. Loss from translation of the financial statements of a domestic operation
5. Which of the following is a component of other comprehensive income?
a. Unrealized loss from derivative contracts designated as fair value hedge.
b. Unrealized loss on debt investment measured at fair value through other comprehensive income
c. Gain from translation of the financial statement of a domestic operation.
d. Remeasurements of defined obligation plan, including accrual gain
6. Statement of comprehensive income can be presented as
a. Two statements or single statement of comprehensive income
b. Single statement of comprehensive income only
c. Two statement of income statement or statement of comprehensive income only
d. Statement of comprehensive income is not a required financial statement, thus no effect if it is single
statement or two statements of presentation
7. Beginning finished goods plus Cost of goods manufactured less Ending Finished goods is
a. Cost of goods available for sale
b. Cost of goods manufactured
c. Total Manufacturing cost
d. Cost of goods sold
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