Derivative instruments acquired to hedge exposure to changes in the fair values of assets or liabilities are fair value hedges.Fair value hedges are
A) hedges of a recognized asset or liability (or an identified portion of a recognized asset or liability) , only.
B) hedges of an unrecognized firm commitment (or an identified portion of that commitment) , only.
C) hedges on some or all of the cash flows of a recognized asset or liability, only.
D) hedges on some or all of the cash flows of forecasted transactions, only.
E) hedges of a recognized asset or liability (or an identified portion of a recognized asset or liability) , and hedges of an unrecognized firm commitment (or an identified portion of that commitment) .
Correct Answer:
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Q90: Which of the following is not a
Q91: Cash flow hedges are
A)hedges of a recognized
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Q93: U.S.GAAP and IFRS require firms to classify
Q94: Which of the following is/aretrue?
A)Derivatives designated as
Q96: Which of the following is not true?
A)A
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Q98: Derivatives include
A)an option to purchase a share
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