A Company Recognizes a Gain or Loss from a Fair

question 38

Multiple Choice

A company recognizes a gain or loss from a fair value hedge:

• A)On a deferred basis, with the gain or loss being reported in other comprehensive income in the interim.
• B)Within 18 months of the gain or loss from the item being hedged.
• C)Immediately in earnings along with the loss or gain from the item being hedged.
• D)No gains or losses are reported on fair value hedges.

---

Definitions:

Large Project

A significant or extensive task or undertaking, often involving complex planning and considerable time, resources, or effort.

Manage Time

The process of planning and exercising conscious control over the amount of time spent on specific activities to increase effectiveness, efficiency, or productivity.

Project Board

A visualization tool used in project management to give an overview of tasks, progress, and milestones.

Online Classes

Courses offered over the internet, allowing participants to learn remotely without the need for physical attendance.