Which of the Following Is Not a Disclosure for Derivatives

question 76

Multiple Choice

Which of the following is not a disclosure for derivatives required under SFAS No.133?

• A) Firms must describe their risk management strategy and how particular derivatives help accomplish their hedging objectives.
• B) For fair value and cash flow hedges, firms must disclose the net gain or loss recognized in earnings resulting from the hedges' ineffectiveness and the line item on the income statement that includes this net gain or loss.
• C) For cash flow hedges, firms must describe the transactions or events that will result in reclassifying gains and losses from other comprehensive income to net income
• And the estimated amount of such reclassifications during the next 12 months.
• D) The specifics of a model that simulates with a 95 percent or other confidence level the minimum, maximum, or average amount of loss that a firm would incur.

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Definitions:

Cytology Request Form

A document used in medical settings to request the examination of cells from various body sites to detect disease, most commonly cancer.

GYN History

A record of health information and medical events related to a woman's gynecological health.

Bimanual Examination

A physical examination method where a healthcare provider uses both hands to palpate internal organs or areas of the body, such as during a pelvic exam.

Gynecological Examination

A medical procedure performed by a healthcare provider to check the health of a woman's reproductive organs.