1.03 STATEMENT OF COMP INCOME Flashcards by CAILEY TALTON | Brainscape

Q

OCI includes

A

deferred gains/losses on derivative cf hedges
excess adjustments on defined benefit pension plans
net unrealized holding gains/losses on AFS securities
foreign currency translation gains/losses

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Q

Comprehensive Income

A

Net Income + OCI

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Q

Comp Income EXCLUDES

A

changes in equity resulting from transactions with shareholders

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Q

OCI items are reported

A

NET OF TAX

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