Comprehensive Income- pg109-111

Question 1

OCI items Include

Answer 1

1. Unrealized gains & losses on securities available for sale
2. Unrecognized pension and post retirement benefit cost and gains
3. Foreign Currency Translation Adjustments
4. Certain deferred gains and losses from derivatives

Question 2

OCI items do not include

Answer 2

1. Retrospective effects of changes in Acct Principle

2. Prior Period Adjustments

Question 3

Accumulated OCI

Answer 3

Amt carried over from prior periods then increased/decreased during current period.
Needs to be reported on OE of Balance Sheet