Question

A statement of comprehensive income does not include: Multiple Choice Gains resulting from the return on pension assets exceeding expectations. Gains and losses on unsold held-to-maturity debt securities. Prior service cost of pensions. Adjustments from foreign currency translation.

Answer 1

Answer: Gains and losses on unsold held-to-maturity debt securities.

Explanation:

Comprehensive income simply refers to the sum of the net income and every other items which pass through the income statement due to the fact that they've have not been realized.

From the options given, it should be noted that the statement of comprehensive income does not include the gains and losses on unsold held-to-maturity debt securities.