Other comprehensive income should be forecast as zero because it: does not matte

Question

Other comprehensive income should be forecast as zero because it:

does not matter much in terms of overall profitability.

arises because of unforeseen (unforecastable) circumstanes such as exchange rate changes.

is not used by analysts to determine the value of a firm (is not vlaue-relevant).

will cause your forecasts to be too volatile and less useful.

does not matter much in terms of overall profitability.

arises because of unforeseen (unforecastable) circumstanes such as exchange rate changes.

is not used by analysts to determine the value of a firm (is not vlaue-relevant).

will cause your forecasts to be too volatile and less useful.

Explanation / Answer

Other comprehensive income should be forecast as zero because it:

arises because of unforeseen (unforecastable) circumstanes such as exchange rate changes.

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