Which of the following statements is not true about fair value hedges?
A) it requires identification of the effective and ineffective parts
B) derivatives profits and losses are temporarily carried in an equity account
C) it requires proper documentation
D) only dealer firms are eligible to use it
E) none of the above
Correct Answer:
Verified
Q4: Which of the following statements is not
Q5: Ultimate authority for risk management lies with
A)legal
Q6: Hedge accounting is which of the following?
A)describing
Q7: The primary distinction between FAS 133 and
Q8: Derivatives activities in end users are primarily
Q10: Metalgesellschaft lost about $1.3 billion doing what?
A)hedging
Q11: Which of the following organizations recommends best
Q12: Which of the following methods is not
Q13: Risk managers should report to
A)the chief trader
B)legal
Q14: Derivatives dealers primarily conduct derivatives transactions for
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