Derivative financial instruments must be reported as either assets or liabilities on the balance sheet and be measured at their net realizable value.

Name: Derivative financial instruments must be reported as either assets or liabilities on the balance sheet and be measured at their net realizable value.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

Derivative financial instruments must be reported on the balance sheet as either assets or liabilities, but they are measured at fair value, not net realizable value.

Derivative Financial Instruments Must Be Reported as Either Assets or Liabilities