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    11 views1 page

    Prelim Exam - Attempt Review (Page 5 of 50)

    Uploaded by

    christoper laurente

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    1/23/2021 Prelim Exam: Attempt review (page 5 of 50)

    Home / My courses / UGRD-ACTG6257-2016S / Week 5 / Prelim Exam

    Question 5
    What is the purpose of reporting comprehensive income?
    Correct

    Mark 1.00 out of


    1.00
    Select one:
    a.
     To combine income from continuing operations with income from from discontinued operations.

    b.
    To replace net income with a better measure

    c. To report a measure of overall entity performance 

    d. To report changes in equity due to transactions with owners

    Your answer is correct.


    The correct answer is: To report a measure of overall entity performance

    Module 5 STATEMENT OF
    ◄ VM No. 3 Nov. 10, 2020 Jump to...
    COMPREHENSIVE INCOME - Part 2 ►

    https://semestral.amaesonline.com/mod/quiz/review.php?attempt=192818&cmid=19884&page=4# 1/1

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