When gains or losses on derivatives designated as fair value hedges exceed the gains or losses on the item being hedged, the excess
a. affects reported net income.
b. is recognized as an equity adjustment.
c. is recognized as part of comprehensive income.
d. is not recognized.
A
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A. motivation. B. centralization. C. accountability. D. None of these answers are correct.
Which one of the following is an example of the contents of an opinion paragraph found in an audit report?
a. "We have audited...." b. "Nothing came to our attention..." c. "The financial statements referred to above present fairly,..." d. "An audit includes examining, on a test basis..."
To maintain goodwill when resigning, you should sincerely recall _________. A. your first day of work B. ways to improve the business C. positive experiences
Fill in the blank(s) with correct word
Which of the following describes the ways of thinking and learning in the guided missile culture?
A. Process-oriented, creative, ad hoc, and inspirational B. Logical, analytical, vertical, and rationally efficient C. Intuitive, holistic, lateral, and error correcting D. Problem centered, professional, practical, and cross-disciplinary