In the Case of a Forward Contract to Hedge a Foreign

In the case of a forward contract to hedge a foreign currency transaction,

A) the gain or loss on the contract should be deferred and included in the measurement of the related foreign currency transaction.
B) the gain or loss on the contract should be recognized in the period in which the exchange rate changes.
C) a gain will occur if the foreign currency strengthens against the dollar, and a loss will occur if the foreign currency weakens against the dollar.
D) the related foreign currency transaction will be recorded on the books at each new exchange rate until the monetary part of the transactions (the receivable or payable) is settled.