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AOCI

It stands for accumulated other comprehensive income; the amount of other comprehensive income (OCI) that is accumulated by a firm...

Accumulated OCI

The amount of other comprehensive income (OCI) that is accumulated by a firm over a period of time. Accumulated other...

Accumulated Other Comprehensive Income

The amount of other comprehensive income (OCI) that is accumulated by a firm over a period of time. Accumulated other...

Total Comprehensive Income

The summation of net income and other comprehensive income. It is the change in equity during a period that is...

Other Comprehensive Income

The income (revenue and expense items) that results from changes in net assets that involve no transactions with owners, and...

OCI

It stands for other comprehensive income; the income (revenue and expense items) that results from changes in net assets that...

NRV

It stands for net realizable value; the net monetary amount that would be received if an asset is sold today...

Net Realizable Value

The net monetary amount that would be received if an asset is sold today in the ordinary course of business...

Control Environment

It is a component of internal control in an entity. It sets the tone of the entity and affects how...