NI TBS- Classifications Flashcards
1
Q
Gain on disposal of plant asset
A
IFCO
2
Q
Unearned revenue
A
None
3
Q
Cumulative effect of change in inventory valuation
A
OE other than above three measures
4
Q
Unrealized loss on trading securities
A
IFCO
5
Q
Realized gain on AFS securities
A
IFCO
6
Q
Unrealized loss on AFS securities
A
OCI
7
Q
Change in estimate of useful life for plant asset
A
IFCO
8
Q
Disposal loss on discontinued component
A
Income other than IFCO
9
Q
Deferred tax liability
A
None
10
Q
Increase in unrealized pension cost
A
OCI
11
Q
Income tax expense
A
IFCO
12
Q
Restructuring change
A
IFCO
13
Q
Loss from effect of new law
A
Income other than IFCO
14
Q
Increase in tax due to extraordinary gain
A
Income other than IFCO
15
Q
Stock dividend distribution
A
Owners Equity
16
Q
AOCI
A
Owners Equity
17
Q
Dividends received on AFS securities
A
IFCO
18
Q
Dividends received on equity method investment
A
None
