Question

Which of the following is included in other comprehensive income?

1) Unrealized holding gains and losses on equity securities carried at fair value

2) Unrealized holding gains and losses that result from a debt security being transferred into the trading category from the held-to-maturity category

3)Foreign currency translation adjustments

4) The difference between the accumulated benefit obligation and the fair value of pension plan assets

Answer 1

Solution:

Foreign currency translation adjustments is included in other comprehensive income.

Hence 3rd option is correct.