Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements is not true? se

Which of the following statements is not true? Select one: a. ...

90.2K

Verified Solution

Question

Accounting

Which of the following statements is not true?
Select one:
a.
Net income does not need to be separately stated In a single continuous statement of comprehensive income.
b.
If two consecutive statements are presented, the Statement of Comprehensive Income should follow the Income Statement.
c.
Other comprehensive income is reported net of tax.
d.
Foreign currency translation adjustments would be reported in the Other comprehensive income section of the Statement of Comprehensive Income.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. how is gram stain done? 2. What types of bacteria are stained differently in the...

Biology
Q

State the reason why Rutherford's Model of the atom failed to describe the observed behaviour of...

Chemistry
Q

Name and sketch two ways in which an open method for root finding can fail to...

Advance Math
Q

u=?x + ?y find slope, graph convexty continuity

Advance Math
Q

Following is a list of financial statement items and amounts for Vantage Service as of 12/31/Year...

Accounting
Q

Which of the following is a true statement concerning genetic variation It must be present...

Biology
Q

By looking ahead to the sides of your vehicle and behind vehicle as you drive...

Biology
Q

Solve the given initial value problem X t X 1 2 1 N H X...

Basic Math
Q

Use the data in the following table which lists drive thru order accuracy at popular...

Statistics
Q

This is where you record your activities during the course. Only you and your instructor...

Accounting
Q

Wildhorse Co. had these transactions during the current period. June 12 Issued 82,500 shares...

Accounting
Q

The Bramble Corp. opened for business on May 1, 2022. Its trial balance before adjustment...

Accounting