A Long Hedge Is the Addition of Which One of the Following

question 45

Multiple Choice

A long hedge is the addition of which one of the following to a short position in the underlying asset?

• A)short spot position
• B)any spot position
• C)any futures position
• D)long futures position
• E)either a short spot or short futures position

Understand the reporting requirements for consolidated financial statements.

Determine the fair value of identifiable intangible assets in a business combination.

Analyze the impact of acquisition costs and contingent consideration on business combinations.

Explain scenarios in which a business combination could occur without the transfer of consideration.