What Is the Requirement for Reporting Derivatives Under International Accounting

question 11

Multiple Choice

What is the requirement for reporting derivatives under international accounting standards and U.S. GAAP?

• A) They may be shown on the balance sheet or they may be treated as off-balance sheet investments.
• B) They must be shown on the balance sheet at fair value.
• C) They must be shown on the balance sheet at historical cost.
• D) They may be shown on the balance sheet at historical cost or at net realizable value.

---

Definitions:

Neuroticism

A characteristic of personality marked by feelings of emotional unpredictability, anxiousness, changeable moods, apprehension, and jealousy.

Open Practices

Approaches and methodologies that emphasize transparency, accessibility, and collaborative development and sharing.

Research Materials

Various sources of information including books, journals, articles, and datasets used for academic or professional investigation.

Modern Trait Approach

A perspective in psychology that emphasizes the description and measurement of specific personality characteristics, or traits, as the basis for understanding human behavior.