Which of the Following Are Requirements for Hedge Accounting

question 99

Multiple Choice

Which of the following are requirements for hedge accounting?

• A)Reasonable expectation of hedge effectiveness.
• B)An existing risk management strategy involving hedging.
• C)Designation and documentation of the hedging relationship.
• D)All of these answers are correct.

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Definitions:

Predict

The ability to accurately forecast future events or trends based on current or past information.

Diverse Work Force

An employment group that consists of members from varied backgrounds, ethnicities, ages, genders, and other demographic variables.

Supervising

Involves overseeing and directing the work and activities of others, ensuring tasks are completed effectively and efficiently.

Homogeneous

Consisting of parts or elements that are all of the same kind; not heterogeneous.