Which of the Following Is Not a Condition That Must

question 47

Multiple Choice

Which of the following is not a condition that must be met,according to IAS 39,before a relationship qualifies for hedge accounting?

• A)At the inception of the hedge, there is formal designation and documentation of the hedging relationship.
• B)At the inception of the hedge, there is formal designation and documentation of the entity's risk management objective and strategy for undertaking the hedge.
• C)The hedge is expected to be highly effective.
• D)For fair-value hedges, a forecast transaction that is subject to the hedge must be highly probable.

Understand the characteristics and objectives of scientific inquiry.

Identify the role of intuition, authority, and skepticism in scientific research.

Recognize the importance of empiricism and falsifiability in the scientific method.

Be aware of the process and significance of peer review in scientific research.

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Definitions:

Special Diet

A diet plan designed to meet specific health, cultural, or personal needs and restrictions.

Mental Health Strategy

A comprehensive plan to promote mental well-being, prevent mental health problems, and address current mental health issues through various interventions and supports.

Child Poverty

The state in which a child lives in a household with an income level below a government-defined poverty threshold, affecting access to basic needs and services.