Which of the following is true about Accumulated Other Comprehensive Income (AOCI)? (check all that apply)
AOCI items are carried net of tax
AOCI keeps unrealized losses off of the balance sheet
AOCI is the name used for “Retained Earnings” in Europe under EU Directive 135.1(a).3(c).6
AOCI can have a debit balance or a credit balance
AOCI is not permitted under IFRS