Total Comprehensive Income = Comprehensive Income ?

CFA Level I FRA
#1

Two questions (Refe to CFAI Text Vol 3, P202~205) :

  1. Total Comprehensive Income = Comprehensive Income ?

  2. Net Income + Other Comprehensive Income = (Total) Comprehensive Income ?

#2

Yes I think so!

#3

This is correct. Remember to be vigilant, as they may ask you if Operating Expenditure is in Total Comprehensive income. The answer would beYES, as it is part of NI. However it is NOT part of Other Comp Income.