How Are Derivative Contracts Generally Accounted For

question 86

Multiple Choice

How are derivative contracts generally accounted for?

• A)Fair value.
• B)Fair value with changes recorded through income.
• C)Amortized cost.
• D)Historical cost.

---

Definitions:

Probability

The evaluation of the probability that an event will come to pass, conveyed by numbers 0 through 1.

Survey Participant

An individual who contributes data to a survey by providing responses to questions posed by the surveyors.

Statistics Class

A learning program dedicated to examining and applying statistical techniques and analyses.

Probability

A method of determining the likelihood of an event's occurrence, rated between 0 and 1.