The accounting for fair value hedges is similar under both U.S. GAAP and IFRS. Which of the following is/are true?
a. Firms remeasure both the hedged item and the related derivative instrument (the hedging instrument) to fair value each period.
b. Firms remeasure both the hedged item and the related derivative instrument (the hedging instrument) to recognize gains and losses from changes in the fair value of both in net income.
c. If the hedge is fully effective, the gain (loss) on the derivative will precisely offset the loss (gain) on the asset or liability hedged. The net effect on earnings is zero.
d. If the hedge is not fully effective, the net gain or loss increases or decreases earnings to the degree the offset is incomplete.
e. all of the above
E
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a. Adjourning b. Storming c. Norming d. Performing
To calculate the probability of completing a project by a certain date:
A) the expected completion time of the project is taken to be the sum of the activity times on the shortest path. B) the variance of the distribution of project completion times is taken to be one-sixth the difference between the latest finish time and the earliest finish time of the last activity in the project. C) we assume that the activity durations are independent of each other so that the normal distribution can be used. D) we need only the parameters of the beta distribution for the finish node of the diagram.
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Indicate whether the statement is true or false
Describe the data management function of an operating system