Under USGAAP,where Are Changes in the Fair Value of Derivatives Reported

question 39

Multiple Choice

Under U.S.GAAP,where are changes in the fair value of derivatives reported?

• A)as part of "Accumulated Other Comprehensive Income" on the Balance Sheet
• B)They are not recognized until the options are exercised.
• C)Retained Earnings
• D)None of the above

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Definitions:

Unemployment Rate

The ratio of the entire labor pool that is jobless yet actively searching for work and prepared to start working.

Fed

The Federal Reserve System, which is the central bank of the United States, responsible for the nation's monetary policy.

Inflation

The velocity at which the general cost of goods and services surges, thereby diminishing the purchasing capacity.

Output

The amount of something produced by a person, machine, or industry.