💰 CPA Exam Prep

Accumulated other comprehensive income (AOCI) includes:

A Net income
B Unrealized gains/losses on available-for-sale securities, foreign currency translation, pension adjustments
C Retained earnings
D Only dividends

✓ Correct Answer: Option B

AOCI captures items bypassing net income: unrealized AFS gains/losses, hedging, foreign currency, and pension adjustments.

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