Examlex
How would you respond to a telephone operator who claims that her 8-month-old fetus gets excited every time she says, "What city please?"
Cash-flow Hedge
A hedge of the exposure to variability in cash flows that is attributable to a particular risk associated with a recognized asset or liability, or a forecasted transaction.
Financial Statements
Financial statements are written records that convey the business activities and the financial performance of a company, including balance sheet, income statement, and cash flow statement.
Net Income
Net income is the total profit of a company after all expenses and taxes have been subtracted from total revenue.
Hedge Accounting
Accounting techniques that modify the standard rules of accounting to recognize the offsetting effects on the financial statements of both the hedged item and the hedging instrument.
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