To Achieve Matching of Hedge Gains and Losses Against Losses

To achieve matching of hedge gains and losses against losses and gains on the hedged item, accounting for qualified hedges of firm purchase commitments denominated in foreign currency:

A) Uses hedge accounting for the firm commitment, but not the hedge
B) Uses hedge accounting for the hedge, but not the firm commitment
C) Uses hedge accounting for both the hedge and the firm commitment
D) Does not use hedge accounting for either the hedge or the firm commitment