Which of the following is not one of the conditions that must be met to qualify for hedge accounting?
A)The hedge relationship must be designated and documented.
B)The hedge is expected to be effective.
C)The effectiveness of the hedge can easily be determined.
D)The hedge is assessed at the beginning and at the end of the hedging period.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is not one of the conditions that must be met to qualify for hedge accounting?
A)The hedge relationship must be designated and documented.
B)The hedge is expected to be effective.
C)The effectiveness of the hedge can easily be determined.
D)The hedge is assessed at the beginning and at the end of the hedging period.

Which of the Following Is Not One of the Conditions