[4] what is the purpose of reporting comprehensive income? a. to summarize all changes in equity from nonowner sources. b. to reconcile the difference between net income and cash flows provided from operating activities. c. to provide a consolidation of the income of the firm’s segments. d. to provide information for each segment of the business.

A. To summarize all changes in equity from non-owner sources.

Explanation:

Comprehensive income does not include the transactions like normal sale or purchase of inventory.

Comprehensive income includes all the income which is part of income of company, but is received or earned from sources which is not controlled by the owners, or in no matter are related to owners.

It is presented just below the income statement.

Therefore, correct option is

A. To summarize all changes in equity from non-owner sources.

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

answer; ///deficit;