Which of the following is true about Accumulated Other Comprehensive Income (AOCI)? (check all that apply)
AOCI can have a debit balance or a credit balance (it is often called AOCL when it has a debit balance) and AOCI items are carried net of tax. The other three options are not true.
AOCI can have a debit balance or a credit balance (it is often called AOCL when it has a debit balance) and AOCI items are carried net of tax. The other three options are not true.