What Is "Hedge Accounting

question 46

Multiple Choice

What is "hedge accounting?"

• A)any record keeping related to purchase,sale,or valuation of derivatives
• B)recording options and other derivatives on the Balance Sheet
• C)matching gains or losses from hedging with losses or gains from the risk being hedged
• D)using multiple accounting methods to offset the effect of foreign currency exchange

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Definitions:

Voidable Title

Title that may be voided if one of the parties elects to do so.

Clouded Title

A title that has any irregularity, claim, or lien that creates uncertainty about the true ownership of the property.

Oral Agreement

A verbal contract in which the terms are agreed upon through spoken communication rather than in writing.

Specific Instructions

Detailed directions or orders issued for performing a particular task or operation.