How are realized gains from the sale of fair value through other comprehensive income (FVTOCI) investments accounted for under IFRS 9?

A) They are transferred to net income in the period of the sale.
B) They remain in accumulated other comprehensive income.
C) They are transferred from accumulated other comprehensive income to retained earnings without going through net income.
D) They are transferred to contributed surplus.

FVTOCI Investments

Financial assets classified as fair value through other comprehensive income; adjustments to their fair value don't affect profit or loss but other comprehensive income.

IFRS 9

An International Financial Reporting Standard that deals with the accounting for financial instruments, covering the classification, measurement, and recognition of financial assets and liabilities.

Accumulated Other Comprehensive Income

Represents the total of all unrealized gains and losses that are not included in net income but affect shareholders' equity.