Using IFRS, Hedge Accounting Allows the Gain or Loss on the Hedge

question 34

Multiple Choice

Using IFRS, hedge accounting allows the gain or loss on the hedge transaction to

• A) be booked through net income.
• B) be booked through other comprehensive income.
• C) not be booked.
• D) not be booked until the hedge closes.

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Definitions:

Male

A biological sex that is typically characterized by the production of small mobile gametes, specifically sperm in many species.

Sexually Transmitted Diseases

Infections that are primarily passed through person-to-person sexual contact.

Incidence

refers to the occurrence of new cases of a disease or condition in a specified population within a given time period.

Increased Dramatically

A description of something that has risen or grown significantly and quickly.