Comprehensive Income: Definition & Example


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question 1 of 3

What is a source of non-owner equity?

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1. Where is comprehensive income reported?

2. Who is responsible for issuing information regarding their comprehensive income?

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About This Quiz & Worksheet

The worksheet and quiz are going to help you assess your knowledge of comprehensive income and also terms like non-owner equity.

Quiz & Worksheet Goals

The useful quiz covers the following topics:

  • Where comprehensive income is reported
  • A source of non-owner equity
  • Who is responsible for issuing information regarding their comprehensive income
  • What a futures contract does to a firm's potential for risk

Skills Practiced

  • Information recall - access the knowledge you have gained about a source of non-owner equity
  • Reading comprehension - ensure that you draw the most important information from the related lesson on comprehensive income
  • Knowledge application - use your knowledge to identify where comprehensive income is reported

Additional Learning

Going over the lesson called Comprehensive Income: Definition & Example, you can complete these objectives:

  • Learn what comprehensive income is used for
  • Identify the four sources of non-owner changes in equity
  • Define minimum person liability
  • Examine what marketable securities held for sale describe