U.S. and IFRS hedge accounting standards divide up hedges into three categories. What are the three categories?

Name: U.S. and IFRS hedge accounting standards divide up hedges into three categories. What are the three categories?
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The three categories of hedges under U.S. and IFRS hedge accounting standards are fair value hedges, cash flow hedges, and hedges of net investments in foreign operations. These categories are designed to address different types of risk management strategies.

US and IFRS Hedge Accounting Standards Divide Up Hedges into Three