How does earnings as discussed in sfac no 2 differ from net, Microeconomics

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How does earnings as discussed in sfac no 2 differ from net

Question: 1. How does earnings as discussed in SFAC No. 2 differ from net income?

2. What is comprehensive income?

3. Is neutrality inconsistent with the external user primary orientation of SFAC Na 1 and the pervasive constraint (benefits > costs) of SFAC No. 2?

4. SFAC No. 6 is largely a repetition of SFAC No.

5. Discuss two possible reasons why this repetition occurred.

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Microeconomics: How does earnings as discussed in sfac no 2 differ from net

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