How Are Derivative Contracts Generally Accounted For

question 56

Multiple Choice

How are derivative contracts generally accounted for?

• A)Fair value.
• B)Fair value through profit or loss.
• C)Amortized cost.
• D)Historical cost.

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Definitions:

Preterm Deliveries

Births that occur before the completion of 37 weeks of gestation, categorized as early, very early, or extremely early based on how many weeks premature the birth is.

Low-Birth-Weight

Refers to babies born with a weight of less than 2,500 grams (5 pounds, 8 ounces), often associated with higher risks of health issues.

Folic Acid

A B-vitamin essential for healthy cell growth and development, particularly important for pregnant women to prevent birth defects.

Leafy Vegetables

A category of vegetables that includes plants with edible leaves such as spinach, kale, and lettuce, known for their nutritional benefits.